What is the state of the restaurant industry right now?
This week’s episode of the Restaurant Business podcast A Deeper Dive features Rich Shank, senior principal with the data firm Technomic.
And it’s a really good question. While the stock market continues to thrive and certain segments of the restaurant industry are busy, a lot of other data suggests operators have a lot to worry about right now.
Shank talks about how all this affects the restaurant industry. We talk about Technomic’s forecast and why improving results in the summer appear to have given way to more weakness.
We talk about why consumers are ordering so many discounts, and how those discounts have changed. We also talk extensively about Starbucks and what’s behind its weakness.
This is a great episode on the state of the industry right now so please check it out.
