Report: Fast Casual Off to a Rough Start in 2017

BDO frequently gives an update for restaurants and their performance over the year. The report for the beginning of 2017 shows a drop in performance for several restaurants, specifically with a drop in fast-casual dining experiences. The overall average decrease was 0.7 percent, with a 2.0 percent decrease in the fast-casual category. Some restaurants, however, did report an increase in sales. The pizza industry as a whole improved over the start of the new year, as well as certain chains like Chipotle and Panera Bread.the possible cause for the overall drop in sales in fast-casual could be attributed to a desire in consumers for a more aesthetically pleasing atmosphere, due to social media trends. BDO recommends that restaurants increase and maintain a social media presence to cater to these consumers.

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