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Report: Fast-Casual Transaction Growth Kicks Into Gear - Vimarsana News

Report: Fast-Casual Transaction Growth Kicks Into Gear

Geography matters when it comes to pandemic recovery for U.S. restaurant chains. A mix of factors, like pandemic-related restaurant restrictions being lifted, the closing or opening of units, a performance, a restaurant segment’s performance, even the weather or an event, can impact restaurant chain customer transactions in a specific market area, reports The NPD Group.

Digital orders soar during pandemic - Vimarsana News

Digital orders soar during pandemic

Provided May 11, 2021 Restaurant delivery orders grew 124% between March 2020 and March 2021, according to The NPD Group, which found that digital orders for carry-out, which represented 62% of all digital orders, increased by 130%. Digital orders for delivery grew by 140%, holding 38% share of total restaurant digital orders. "It's unlikely that digital ordering will grow at the same pace it has during the pandemic once restaurants fully open, but it's table stakes for restaurants now," David Portalatin, NPD food industry adviser and author of Eating Patterns in America, said in a company pr...

QSRs recovering faster than all segments - Vimarsana News

QSRs recovering faster than all segments

iStock April 15, 2021 To get the COVID-19 global pandemic under control in March 2020, the U.S. government restricted on-premises dining at roughly 70% of all U.S. restaurants. By the last week in March of that year, customer transactions at major restaurant chains had fallen by 43% and 77% at full-service brands. The industry, however, is seeing light at the end of the tunnel, according to NPD Group's CREST Performance Alerts, which provides a weekly view of chain-specific transactions and share trends for 75 quick service, fast casual, midscale and casual dining chains representing 53% of t...

Flexible Daily Routines Help to Boost Visits to Restaurants During Late Afternoon and Evening-to-Dawn Snack Periods - Vimarsana News

Flexible Daily Routines Help to Boost Visits to Restaurants During Late Afternoon and Evening-to-Dawn Snack Periods

Flexible Daily Routines Help to Boost Visits to Restaurants During Late Afternoon and Evening-to-Dawn Snack Periods Share Article Although total U.S. restaurant traffic has been down across dayparts for most of last year and through February 2021, late afternoon and after dinner snack visits — what the restaurant industry calls the p.m. snack daypart — have increased, reports The NPD Group. “Because of the pandemic and the disruption of our normal commuting patterns and daily routines, we have more flexibility in deciding when and what to eat, and p.m. snack is the beneficiary of this f...

Source: prweb.com
Bad February weather proves stormy for restaurant transaction activity - Vimarsana News

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...

Source: qsrweb.com