It’s one of the big questions industry experts have been asking for several years now: Are there just too many restaurants in the U.S.? New data from market research firm The NPD Group offers an answer.
“We still have — even though supply has declined — more supply than we do demand,” said NPD analyst Bonnie Riggs. “There are more seats than there are bodies to fill them.”
According to NPD ReCount, a tally of U.S. commercial rest