Consumers to spend more at restaurants

Analyst projects quick-service chains to benefit most

Increased consumer spending at restaurants over the next three months will pay off in same-store sales growth at major chains, especially quick-service brands, according to a recent analyst report.

In a consumer survey conducted in February by RBC Capital Markets, 14 percent of respondents said they planned to spend more in restaurants over the next 90 days, a slight uptick from the 13 percent who said the same in January.

The latest results also reflected a 7-percent improvemen

Register to view the full article

Register to view this article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish