Secrets From the Highest-Grossing Restaurant in New York

If there’s a venture with a projected shelf life of five minutes, it’s a nightlife restaurant in New York’s Meatpacking District. The exception? Tao Downtown. Since it opened in 2013, with heavy wooden doors that look like they were airlifted…
Survey: Moms Want Seafood, Ethnic Cuisine and Steak on Mother’s Day

New research from the National Restaurant Association shows that 35 percent of Americans plan to dine out on May 8; Mother’s Day remains most popular holiday to dine out Washington, DC  (RestaurantNews.com)  New research from the National Restaurant Association shows…
Restaurant Performance Index Rose in October

Six in 10 operators reported higher same-store sales; Operators’ outlook for sales growth and the economy improved from recent months Washington, DC  (RestaurantNews.com)  Driven by stronger same-store sales and a more optimistic outlook among restaurant operators, the National Restaurant Association’s…
Restaurant Performance Index: Operators’ Sales Outlook at Two-Year Low

While current same-store sales remain positive, expectations for growth have steadily declined Washington, DC  (RestaurantNews.com)  Although same-store sales and customer traffic remained positive in September, the National Restaurant Association’s Restaurant Performance Index (RPI) registered a modest decline.  The RPI –…
Restaurant Performance Index Declined in August

Restaurant operators report softer sales and traffic levels Washington, DC  (RestaurantNews.com)  As a result of softer same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) declined in August. The RPI – a monthly composite index…
Restaurant Performance Index Rose in July

Majority of operators reported higher same-store sales and customer traffic; Operators are more tentative in their outlook for sales and the economy Washington, DC  (RestaurantNews.com)  Driven by stronger same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance…
Dampened Outlook Causes Restaurant Performance Index Decline in June

Same-store sales remained positive; operators less optimistic about the economy Washington, DC  (RestaurantNews.com)  As a result of a somewhat dampened outlook among restaurant operators, the National Restaurant Association’s Restaurant Performance Index (RPI) declined in June for the second consecutive month.…
Restaurant Performance Index Remained in Positive Territory in May

Despite softer same-store sales and customer traffic levels, restaurant operators remain optimistic about business conditions in months ahead Washington, DC  (RestaurantNews.com)  Although same-stores sales and customer traffic levels softened somewhat in May, the National Restaurant Association’s Restaurant Performance Index (RPI)…
Restaurant Performance Index Posts Moderate Gain in April

Stronger same-stores sales and customer traffic levels drive boost Washington, DC  (RestaurantNews.com)  Driven by stronger same-stores sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) posted a moderate gain in April. The RPI – a monthly…
Restaurant Sales Surpassed Grocery Store Sales for the First Time

Washington, DC  (RestaurantNews.com)  Monthly sales at restaurants exceeded grocery stores sales for the first time on record, the National Restaurant Association noted today. In his latest Economist’s Notebook commentary, the National Restaurant Association’s Chief Economist Bruce Grindy breaks down industry…
Restaurant Performance Index Remained Positive in March

Majority of restaurant operators reported higher same-store sales Washington, DC  (RestaurantNews.com)  As a result of higher same-store sales and a continued optimistic outlook for future business conditions, the National Restaurant Association’s Restaurant Performance Index (RPI) remained in positive territory in…
Restaurant Performance Index Dipped in July

While same-store sales and customer traffic levels rose, operators’ outlook for the economy remains mixed Washington, DC  (RestaurantNews.com)  Due in part to a dampened outlook among restaurant operators, the National Restaurant Association’s Restaurant Performance Index (RPI) registered a modest decline…
Restaurant Performance Index Declined in June Amid Softer Customer Traffic Levels

Same-store sales continued to rise; Restaurant operators remain generally optimistic about sales growth, less bullish on economy overall Washington, DC  (RestaurantNews.com)  Due in large part to softer customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) registered a…
Restaurant Performance Index Rose to its Highest Level in Over Two Years

Same-store sales and traffic levels continued to improve; Restaurant operators are more optimistic about sales growth Washington, DC  (RestaurantNews.com)  Driven by stronger sales and traffic levels and an increasingly optimistic outlook among restaurant operators, the National Restaurant Association’s Restaurant Performance…
Restaurant Sales Bounced Back in March

Washington, DC (RestaurantNews.com)  The National Restaurant Association’s Chief Economist Bruce Grindy analyzes the latest retail sales figures: “Restaurant sales posted a solid gain in March, and bounced back completely from the recent soft patch.  Eating and drinking place sales totaled…
Restaurant Performance Index Edged Up in January Despite Sluggish Current Conditions

Customer traffic declined for the second consecutive month; Restaurant operators are more optimistic about sales and capital spending Washington, DC  (RestaurantNews.com)  Driven by restaurant operators’ more optimistic outlook for future business conditions, the National Restaurant Association’s Restaurant Performance Index (RPI)…
Restaurant Performance Index Declined in December as Sales and Customer Traffic Softened

Same-store sales remained positive despite lower customer traffic levels; Restaurant operators are generally optimistic about future business conditions Washington, DC  (RestaurantNews.com)  As a result of softer same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI)…
Restaurant Performance Index Hit a Five-Month High in November

Same-store sales and customer traffic levels remain positive; Operators are somewhat more optimistic about business conditions Washington, DC  (RestaurantNews.com)  Driven by improving same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) hit a five-month high…
Restaurant Performance Index Hit a Four-Month High in October

Same-store sales and customer traffic levels improved; Operators are somewhat more bullish about sales growth and the economy Washington, DC  (RestaurantNews.com)  Fueled by stronger same-store sales and traffic and a more optimistic outlook among restaurant operators, the National Restaurant Association’s…
Restaurant Performance Index Edged Down in August Amid Fading Operator Expectations

Same-store sales and customer traffic levels rose; Operator outlook for sales growth and the economy softened Washington, DC  (RestaurantNews.com)  Due to a softer outlook among restaurant operators for sales growth and the economy, the National Restaurant Association’s Restaurant Performance Index…
Something Big is Eating Your Old Favorite Restaurant Chains

If we’re in an economic recovery, good luck trying to convince the country’s largest casual dining chains — they’re sputtering. Darden Restaurants (DRI) suffered a combined same-restaurant sales decline of 4.6 percent for Olive Garden, Red Lobster, and LongHorn Steakhouse…
Restaurant Performance Index Rose Above 100 in March as Same-Store Sales Improved

Same-store sales and customer traffic results were mixed; Restaurant operators somewhat more optimistic about sales growth and the economy Washington, DC  (RestaurantNews.com)  Buoyed by positive sales results and a more optimistic outlook among restaurant operators, the National Restaurant Association’s Restaurant…