Restaurant Trends, 2011

December, 2010 2011 eatery Business Outlook by: John A. Gordon www.pacificmanagementconsultinggroup.com The big metamorphose economic outlook is mixed. Restaurant gross revenue overall delay strongly to unemployment, just yet some places are busy. The total of unemployment and underemployment has held steady, after an emolument in spring/early repay 2010. Many feel that US unemployment will only flabby fall in 2011/2012 and 2013. California trends will broaden turn than the US as a whole, as manufacturing and construction organise water not recovered here. Interior California locations continue to be hard-hit. The concept of frugality fatigue was noted again as a major theme, and thus hope for futurity sell sales and earnings. We saw some example of this in the beginning this year. Restaurants had a good September and October. The most important polls, the current essential same pedigree sales results continue to be more(prenominal) irrefut able than in 2009 but still mixed by brand.

Among the majors, there is certainly some(prenominal) sequential and positive improvement in upper end /fine dining operators (Ruth Chris , Mortons both positive, but Chilis remains proscribe; four of six Darden brands were positive (but not Red Lobster) Among the QSRs, McDonalds continues strong, Wendys was slightly negative, Arbys negative, Carls negative (but little so), Hardees positive. Jack in the Box (JACK) was less negative. The stiff casual powerhouses Chipotle and Panera were well positive. The National Restaurant Associations Restaurant funct ioning Index (operators survey) reported hig! her same store sales for the first time since August 2007, and the highest since 2007. That is not to enjoin bonny sales/restaurant are back to 2007 levels.  The mogul has improved, and has ii components current situation index (sales, traffic, labor and CAPEX) and a expectations index.  confine in mind restaurant independents are stand for in this sample. Financing Trends: we recently attended the Restaurant Finance...If you indigence to capture a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper