Remove Fast Casual Remove Guest Recovery Remove Point of Sale
article thumbnail

Restaurant Industry in Review: Trends from October 2024

Black Box Intelligence

Comp Sales -2.5% Comp Sales -2.5% And recovery for the industry is continued into October. Sales +1.9% +2.3% -4.5% -0.6% +0.1% +0.6% +0.4% -0.1% -2.3% -0.4% +0.4% +0.5% Same-Store Sales Growth: Turning the Tide October’s same-store sales growth reached 0.5%. ’23 Dec. ’23 Jan. . ’23 Jan.

2024 52
article thumbnail

State of the Restaurant Industry Q4 2024: Key Insights and Trends

Black Box Intelligence

This snapshot offers a deep dive into current sales and traffic patterns, workforce dynamics, and shifts in consumer sentiment. Industry Sales and Traffic Patterns In the latest Black Box Intelligence webinar, we revealed variable performance trends across restaurant segments in 2024, highlighting both challenges and growth areas.

2024 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

August Restaurant Performance: Could It Be the Turning Point? 

Black Box Intelligence

Out of the Box: Monthly Restaurant Industry Update August 2024: Is This a Turning Point? Comp Sales -3.6% Comp Sales -3.6% After several challenging months, signs of recovery are beginning to appear. August Restaurant Performance Data: Sales and Traffic Trends Same-store sales growth of -0.4%

article thumbnail

MRM Research Roundup: Labor Struggles, Holiday Habits, and Food Truck Trends

Modern Restaurant Management

Expert Market’s survey results also revealed that labor shortages have been cited as a top concern for nearly a quarter (23 percent) of US F&B businesses, top chart. This insight highlights staffing issues as a concerning and current challenge faced by US F&B businesses. percent, it is yet to reach pre-pandemic levels of around 1.9

article thumbnail

MRM Research Roundup: End-of-May 2021 Edition

Modern Restaurant Management

Data findings in the series have offered insight into customer expectations to support restaurant brands as they navigate through the health crisis and continue to move forward through the recovery. “The data strongly signals long wait times are a vulnerability for fast food restaurants as they compete for customers.

2021 189
article thumbnail

Restaurant Industry in Review: Trends from July 2024

Black Box Intelligence

Comp Sales -4.6% July’s Anomalous Performance and Industry Recovery July proved to be a tough month for restaurants, with same-store sales growth. Same-store sales growth was -2.3% July’s Anomalous Performance and Industry Recovery July proved to be a tough month for restaurants, with same-store sales growth.

2024 52
article thumbnail

Emerging Restaurant Chains Are Vacuuming Traffic From Established Chains…

Aaron Allen & Associates

*Originally Published in the Aaron Allen & Associates Newsletter on 06/03/2024 The 50 fastest-growing emerging restaurant chains expanded their sales by a median of 35% year-over-year (in 2022). This growth rate has remained consistent through the years for fast-growing concepts with sales between $20m-$60m.