Operational Excellence and the Value War
Modern Restaurant Management
OCTOBER 18, 2024
Technomic’s revised predictions for 2024 revealed a challenging road ahead for the restaurant industry, which has been plagued by rising prices and shifting consumer behavior since the onset of the pandemic. The first half of 2024 saw a decline in traffic that was significant enough that the data and analytics firm reduced its original forecast from a 5.3 percent sales increase by 1.5 percentage points to 3.8 percent.
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