economy

Consumer Trends

What drives millennials’ food choices?

The NPD Group, a leading market research company, found in its recent National Eating Trends survey that members of the millennial generation, also known as Generation Y, have significantly decreased their rate of dining out. This age group also tends to base their food choices on impulse, price and time. Here are other findings from the NPD report.

Consumer Trends

Alcohol Consumption on the Rise

With the economic slump continuing and the already vast selection of beers, wines and liquors on the market growing in size and scope, it is no wonder that a recent Gallup poll indicates that the rate of alcohol consumption among Americans is at a 25-year high.

As 2011 gets underway, it’s clear that the slowly recovering economy continues to impact the restaurant industry as shown by sluggish sales and limited expansion.

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...

The industry—in line with the economy—is experiencing a very uninspiring recovery. But a recovery nonetheless.

This past October, during the height of the season, chef Barton Seaver, a National Geographic fellow and leading advocate for sustainable fishing practices, purchased what he thought was Maryland blue crab from one of his favorite seafood suppliers.

Approximately 110 million customers' credit card or personal information was hijacked in the Target data breach that occurred this past holiday season

Four years after multiple frozen-yogurt concepts landed in our Future 50's top 10, the list is down to one. Has the fro-yo craze reached its cold, swirly peak?

Major chains delivered some surprises in their meetings this week with Wall Street representatives. Here’s a roundup.

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