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Technomic

Financing

Burger King’s St. Louis sales surged, thanks to Impossible Whopper

The chain’s sales rose 28% in the market in April, according to Technomic data, explaining the quick decision to expand the test, says RB’s The Bottom Line.

Financing

Why is restaurant traffic falling? Blame millennials

According to Technomic data, the generation has been shrinking its visits for the past year, especially in casual dining, says RB’s The Bottom Line.

Customers paid higher prices at restaurants early this year, but they went out less often, according to the March Technomic Chain Restaurant Index.

The math is simple: A strong economy = strong steakhouse business.

The restaurant industry is expected to grow 3.9% this year, even as real growth remains more modest.

A look at Technomic data in the Chicago market shows how much the frigid weather hurt traffic.

The largest restaurant concepts proved resilient last year, while Chick-fil-A leapfrogged Burger King and Wendy's to become the fifth-largest chain and Panera Bread joined the top 10.

But prices, not traffic, continued to boost sales throughout the industry, according to the Technomic Chain Restaurant Index.

With Super Bowl Sunday fast approaching, where will consumers flock for wings?

Consumers favored familiar dishes with a twist in December. These seven stood out in Technomic’s monthly survey.