According to a Recent Study/Survey … Mid-November 2016 Edition
25 Min Read By MRM Staff
As part of our mission to be the go-to resource for on-the-go restaurant industry professionals, Modern Restaurant Management magazine (MRM) offers highlights of recent research. This Mid-November edition features news of troubling sales trends, ways technology is used to enhance the guest experience and forecasts for 2017.
Concerning TrendsNews for the restaurant industry was more of the same for the first month of the fourth quarter. Although year-over-year same-store sales and traffic growth improved slightly from the previous month, October’s results continued to fuel concerns for the restaurant industry as it struggles through its worst year since the end of the recession. This insight comes from data reported by TDn2K™ through The Restaurant Industry Snapshot™, based on weekly sales from nearly 26,000 restaurant units and 130+ brands, representing $65 billion dollars in annual revenue.
Same-store sales growth was -0.9 percent during October, which is the eighth consecutive…
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