Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.
U.S. Restaurant Industry Continues Gradual Recovery in August While Dine-in Visits Remain Low
Despite bad weather and the delta variant spread, consumer online and physical restaurant visits in August continued to recover from last year’s steep declines, reports The NPD Group. U.S. restaurant traffic increased by +5% over the -10% decline in August 2020 and declined by -5% compared to the pre-pandemic level in August 2019. Larger average check sizes drove a +13% increase in dollars compared to a year ago and a +3% gain in dollars over the same month two years ago, according...
Canada’s Restaurant Count Declined by 5,000 Units in 2020
Before the pandemic, Canada’s restaurant count held steady at 66,000 units since 2016, but then 2020 happened, and the industry lost 5,000 units, a decline of -8%, reports The NPD Group. Independent restaurants lost 3,000 units, representing the bulk of the slide, according to NPD’s ReCount®2020 restaurant census, which tracked Canadian restaurants opened as of December 2020.
The restaurant categories hardest hit by closures are those that relied heavily on customers’ regular day-to-day routines, such as shopping, working, or schooling...
U.S. Restaurant Industry Recovery Will Depend on Strength of Key Dayparts
The U.S. restaurant industry has shown remarkable resiliency, having lost as much as 35% of visits at the beginning of the pandemic, but still has a ways to go to get back to pre-pandemic levels, reports The NPD Group. Total restaurant visits were down -6 percent in May 2021 compared to May 2019 but were up +23% from a year ago, recovering from a -23% decline in May 2020. The key to the industry’s recovery will be the strength of each daypart. Each daypart — morning meal, lunch, dinner, and P.M. Snack — will recover differently depending on the new rhythms of home, school, and work-life, according to NPD’s continual tracking of the U.S. foodservice industry.
Visits, online or physical, at morning meal, which includes the breakfast and A.M. Snack periods, were down -5% in May 2021 compared to May 2020, and for a pre-pandemic view, down...
FEATURED STORIES
Urner Barry Releases June Soy & Wheat Report
Urner Barry Releases June Pulse Protein Report
Market Trends to Watch as the Summer Heats Up
Latest AgriBriefing Webinar: Many Markets Nervous as No End in Sight for Rising Raw Materials Prices
PLANT PROTEIN: Get to Know Players in the Plant Protein Market: Before the Butcher