Foodservice Traffic Declines for Fourth Consecutive Quarter

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Published at: www.npd.com

Restaurant Trends Suggest Protracted Challenges for Foodservice Industry

November 5, 2009

Analysis by:GLG Expert Contributor

Improvement in restaurant company profits are currently being driven by an intense focus on operational efficiency and cost reductions, as well as a more favorable food cost inflation environment compared to the prior year. However, continued weakness in restaurant industry traffic, driven by weakness in consumer spending and lower grocery prices in supermarkets, will continue to hamper a foodservice...