Economic News

The Good News About MAFSI’s Q4 Barometer

Foodservice industry expected to see positive sales upswing in second half of 2021

The National Restaurant Association expects restaurants to increase sales 10.2% in 2021.

Reps’ group says E&S sales dropped 24%, but vaccine offers hope for recovery in 2021.

Monthly restaurant sales declined for the first time since the end of the spring lockdowns, the National Restaurant Association reports.

Over the objection of restaurant owners, the measure will gradually raise pay over the next six years.

Company CEO says restructuring plan includes an emphasis on digital and streamlined menu.

The chain plans to close 185 stores as part of restructuring plan.

The steak-and-salad bar chain points to COVID-19 for its troubles.

The industry is on track to lose $240 billion this year alone, warns trade group.

But diners are starting to bristle at higher check averages.

- Advertisement -

- Advertisement -

[fmsf_search_field search_page="/manufacturers/" placeholder="E.g. Hot Holding Equipment, Ice Machines"]

[fmsf_search_field search_page="/services/" placeholder="E.g. Consultants, Buying Groups"]