Most economic industry forecasts in January predicted a solid year ahead. But as I write this column in late August, the sweet spot of the restaurant industry is experiencing its worst slump since 1991. How quickly things can change. Some of the biggest casual sector players, such as Applebee's, are reporting sharp declines in same-store sales. The casual segment has been sideswiped by rising gasoline prices and a host of other economic pressures. As a result, consumers just don't have the ...

Register to view this article

Why Register for FREE?

Registering for Premium Content on Restaurant Hospitality will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. 

Already registered? here.