Business News • MarketWire • Fast Foods Serve the Recovery Dish Better Than the Overall Restaurants Industry |
Fast Foods Serve the Recovery Dish Better Than the Overall Restaurants Industry |
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Fast Foods Serve the Recovery Dish Better Than the Overall Restaurants Industry
JOHANNESBURG, SOUTH AFRICA--(Marketwire - June 21, 2010) - www.bellwetherreport.com -- The sour flavoring of the 2007-2009 economic uproar has financially starved the restaurants industry which saw the number of their regulars drastically melting away. The recession took away much of the consumer confidence required to maintain an adequate level of discretionary spending, and people chose to stay home and eat those home-made dishes forfeiting dining-out plans. Even as the economic recovery slowly starts to thaw like a 24-pounder turkey, the persisting high number of unemployment maintains a firm restraint on growth in the restaurant industry. However, a few players in the fast-food space have begun to show some juicy comparable-store sales improvement in the first few months of 2010.
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