Consumer Trends
Consumer trends, insights and preferences
Consumer Trends
The 10 most alluring LTOs in July
Consumers reveal which chain limited-time offers they were most likely to order last month based on the name and description.
Consumer Trends
What can the restaurant industry expect in 2018?
The editors of Restaurant Business venture some guesses.
According to The NPD Group’s Spring 2010 ReCount census, the number of U.S. restaurant units fell by -1%, or by 5,204 units this year compared to spring 2009. Independent restaurant closings contributed the most to this number, while chain restaurants remained fairly stable. Greg Starzynski, director of product development-foodservice at NPD, attributes the decline to the loss of consumer traffic over the last year.
The 2010 Monitoring the Future Survey, in partnership with the National Institute on Drug Abuse and the University of Michigan, reported that teenage drinking rates are at the lowest point since the study’s 1975 inception. The study measures teens in grades 8, 10 and 12, with over 46,000 students and 396 schools participating.
It is no surprise that the recent economic downturn has affected workers' financial stability. However, some companies may not realize to what extent. According to the 2011 Aflac WorkForces Report, 54% of the American workforce would accept a job offer with better benefits even if their compensation was lower.
What are Americans drinking these days and what will be filling our glasses in the year ahead? To find out, The Food Channel, a website dedicated to trend information, conducted a survey in partnership with International Food Futurists, Mintel International and CultureWaves. Here are the top 10 beverage trends they identified.