There is something that is puzzling to many experts. They do not understand why restaurant sales are dropping. This is the second time this has happened in the two year recession that was going on. The trend continued for ten months before getting to that point. The sales drop was almost 1% which does not sound like much, but if you consider the amount that is actually being lost then you are astonished at the sight.
- Restaurant sales fell again in April, according to the latest Miller Pulse index, and experts are puzzled as to the full reasons for the decline.
- Same-store sales declined by 0.9 percent during the month, and 0.5 percent on a two-year basis.
- It was the 10th monthly decline in the past 11 months for the index, and the largest decline in the two-year number since the recession.
“Restaurant sales fell again in April, according to the latest MillerPulse index, and experts are puzzled as to the full reasons for the decline.”
Read more: http://www.nrn.com/sales-trends/falling-restaurant-sales-puzzle-experts
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Falling restaurant sales puzzle experts
There is something that is puzzling to many experts. They do not understand why restaurant sales are dropping. This is the second time this has happened in the two year recession that was going on. The trend continued for ten months before getting to that point. The sales drop was almost 1% which does not sound like much, but if you consider the amount that is actually being lost then you are astonished at the sight.
Key Takeaways:
“Restaurant sales fell again in April, according to the latest MillerPulse index, and experts are puzzled as to the full reasons for the decline.”
Read more: http://www.nrn.com/sales-trends/falling-restaurant-sales-puzzle-experts
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