Around the Net
Restaurant Traffic Stays Flat
- Convenience Store News, Tuesday, July 29, 2014 9:33 AM
According to NPD Group, the U.S. restaurant industry is stuck in neutral. Restaurant traffic remained at approximately 61 billion visits in the year ended May 2014, which was flat compared to the prior year. The firm said traffic is still below pre-recession traffic volume levels by nearly 1.3 billion visits. NPD's long-range forecast shows little traffic growth — less than 1% — over the next several years.
