Restaurants ready for merry holiday season

Restaurants ready for merry holiday season

Lower retail foot traffic could be a lump of coal for some

A merry holiday season could be in store for the restaurant industry, as sales figures gain momentum heading into the end of the year and consumers’ budgets start to loosen.

The impact of higher incomes, lower gas prices and easier comparisons should offset concerns among operators about a potentially tepid holiday season.

“Sales finished strong in the third quarter,” said Wallace B. Doolin, chairman of TDn2K, parent of Black Box Intelligence, a monthly restaurant sale

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TAGS: Finance
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