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Restaurant Sales Growth Ebbs As Delivery Emerges As Growth Area

July 8, 2019: 12:00 AM EST
Sales growth for the top 500 U.S. restaurant companies slid in 2018 to 3.3 percent compared to the average 3.8 percent for the restaurants in the last five-year period, according to Technomic research. And while the fast-casual segment outpaced all other segments, its sales growth slipped to eight percent from an average 9.8 percent gain for the past five-year period signaling a cooling-off period. Meanwhile, delivery has emerged as a major growth area for all restaurants. This has caused companies to explore packaging that allows food quality to sustain itself in transit. It is also causing chains to reconsider their store designs to include a separate entrance for delivery drivers. [Image Credit: © Free-Photos from Pixabay]
Elliot Maras, "Is the honeymoon over for the fast casual segment?", FastCasual.com, July 08, 2019, © Networld Media Group, LLC
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