Thursday, July 2, 2009

Top 100 restaurant brands push back at downturn

June 29, 2009) Many of the major U.S. foodservice operators working to build sales and profits as a safeguard against unforeseen expenses in their most recent completed fiscal years found time to be no ally, as recessionary pressures mounted with each passing month.
The 36th Annual Nation’s Restaurant News Top 100 census of the largest foodservice chains ranked by U.S. systemwide sales shows that the country’s mightiest multiunit operators in their last finished fiscal years pushed up their aggregate total take by 3.85 percent, to $208.11 billion. However, that rate of growth was down substantially from the 5.47-percent year-over-year gain that group managed in the preceding period

Read more:
http://www.nrn.com/article.aspx?id=369136

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