Restaurant Performance Index Reaches 11-Month Low
WASHINGTON D.C. (August 31, 2011)—The National Restaurant Association’s Restaurant Performance Index (RPI) fell below 100 in July, as the nation’s debt...
Consumer Trends
Weather put a big chill in northeast sales
The area’s freakish weather contributed to a 4.4 percent year-over-year decline in sales and a 5.9 percent drop in traffic for restaurants open at least a year.
It’s a little-known rule of physics: Put a group of restaurant leaders in a room and you’ll get an unvarnished picture of the business. Pull almost 1,800 of them together, as we did at the Restaurant Leadership Conference, and you quickly learn what they see as the opportunities and challenges, the hype and the real successes.