According to a new report from two Goldman Sachs securities analysts, the gap in same-store sales performance between quick-service and casual-dining chains — with the exception of Darden Restaurants — has widened over the past few quarters, and QSRs have recovered their pre-recession trajectory, while casual diners are hovering around 0-percent to 1-percent growth, according to Nation’s Restaurant News. For the full story, click here.
Editor’s Insight: It comes as no surprise that quick serve restaurants, also known as fast food restaurants, have recovered faster than casual restaurants. Fast food restaurants have responded to the consumer’s need for reasonable quality at a reasonable price. This meets consumers’ needs in a recession.
Because the vending industry offers the best values of any retail foodservice segment, vending operators should be gaining a bigger share of consumer spending. To do this, vending operators need to aggressively market their values to consumers. Those vending operators who have done this have reported success. 01-19-12 By Elliot Maras