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TDn2K

Financing

Black Box: Restaurants lost momentum in May

Same-store sales were flat for the month, and traffic continued to decline.

Workforce

Turnover soars to highest levels in decades, new research finds

Rates rose for both hourlies and managers, says TDn2K.

Traffic is still falling, but the industry is showing some improvement after a tough start to 2018.

Employee turnover is up after teasing the industry with plateauing numbers this summer.

The average check also slipped as chains tried to lure patrons with deals.

The industry is on pace for its first positive quarter in two years, but weak traffic remains a problem.

It was the second-best month of sales in two years, but traffic still fell.

The impact of hurricanes in Texas and Florida may mask a turn in the right direction for sales and traffic counts, according to new data.

Same-store sales across the chain restaurant industry are down in 2017, but the outlook varies across the country, finds research firm TDn2K.

A just-released gauge of the industry's performance last month suggests conditions could have hit bottom.

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