Quick-service and snack and beverage restaurant sales are back on track for moderate growth.
September 4/Rockville, Md./Press Release -- Quick-service and snack and beverage restaurant sales are back on track for moderate growth, according to "Foodservice Landscape in the U.S.: Chain Limited-Service Restaurants," a new report from market research firm Packaged Facts.
Packaged Facts estimates that limited-service restaurant sales will reach $188.1 billion in 2013, up 4.9% over 2012, while sales at snack and beverage establishments will rise 4.6% to $29.1 billion. Incremental improvement in macroeconomic drivers, a brighter consumer outlook, modest improvements in same-store sales, store re-imaging programs, and aggressive menu innovation and limited time offer (LTO) experimentation are all playing a positive role in the industry.