Industry Insights: Spring 2012
May 15, 2012
In the first quarter of 2012, the economy showed signs of recovery, which translated into improving consumer attitudes and optimistic industry forecasts.
However, increasing gas and food prices cast a shadow over the positive news. Pent-up consumer demand exists for restaurant meals, but if fuel prices rise further, people may be reluctant to eat out. Operators also expect challenges sustaining their margins as commodity prices increase.
Food & Beverage
Marketing / Branding / Promotion