Bad February weather proves stormy for restaurant transaction activity
Photo by istock.com March 11, 2021 Severe weather in many areas of the U.S. in February didn't do much to resuscitate restaurant customer transactions at major chains which were already experiencing declines in the last months of 2020 and January. Major chain transactions dipped by 13% compared to a year ago, and January brought a 9% decline, according to The NPD Group's Crest Performance Alerts. The alerts provide a weekly view of chain-specific transactions and trends for 75 quick service, fast casual, midscale and casual dining chains, according to a press release. The month of February br...