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Financing

Black Box: Same-store sales fell in Q3

Restaurants continue to depend on check growth as customer count falls.

Financing

Black Box: Restaurants’ summer slump continued in August

Same-store sales fell again, while traffic continued to be the industry’s Achilles‘ heel.

Industry same-store sales declined 1%, its worst performance in nearly two years as chains feel a summer lull.

Second quarter sales also slowed as falling traffic continued to be a problem.

Same-store sales improved from April’s weakness, but fears of an economic slowdown loom.

Traffic continued to decline as restaurants relied again on higher average check to generate sales.

But traffic remains weak as the industry relies on price to generate sales.

Traffic plummeted as a cold and snowy winter hit much of the country.

Fostering a connection with hourlies and managers can improve everything from kitchen safety to absenteeism and sales, new research shows.

Surprising strength suggests the industry’s recovery might finally be gaining some traction.

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