Franchisor Stories

Buffalo Wings & Rings CEO: Consumer confidence ticks up

Buffalo Wings & Rings CEO: Consumer confidence ticks up

The Wall Street Journal reports that the U.S. economy is back on track for a solid third quarter after an increase in consumer spending, confidence and income in August. The Commerce Department reported today that consumer spending has increased 4.1 percent from last year, which is a slight accel.....

The Wall Street Journal reports that the U.S. economy is back on track for a solid third quarter after an increase in consumer spending, confidence and income in August. The Commerce Department reported today that consumer spending has increased 4.1 percent from last year, which is a slight acceleration from previous months. Spending on goods, specifically, rose 0.4 percent in August compared with July. This has positively affected brands such as Buffalo Wings & Rings, a sports restaurant franchise based in Cincinnati, which held its sales steady during its typically slow summer months. In the summertime, between March Madness and the start of football season, sales usually taper off, but this year they did not. “Consumer confidence is up,”  chief executive Nader Masadeh told the Wall Street Journal. “People are starting to spend some money.” Read more by clicking: http://online.wsj.com/articles/u-s-consumer-spending-increased-0-5-in-august-1411993899

Don’t Miss the Next Big Franchise Story

Sign up for the 1851 Franchise newsletter to get our biggest stories before everyone else

By signing up, you agree to our user agreement (including class action waiver and arbitration provisions), and acknowledge our privacy policy.

Nick Powills

About the Author

Nick Powills

Follow

Nick Powills, CFE, founded No Limit Agency in 2008 and serves as Chief Brand Strategist for the Chicago-based firm. No Limit is a full-service communications agency that establishes and elevates brands by bridging Public Relations, Social Media, Marketing, Advertising, Digital, and a lot of creativity, to best strategize well-rounded and successful campaigns for 50+ global franchise brands. By presenting visionary ideas and building real relationships, No Limit is able to create effective media branding strategies to help companies grow. Nick currently leads a staff of writers, media strategists, designers, social media experts and digital producers in an office think-tank where brands are humanized for strong, compelling media stories. Prior to starting No Limit at the age of 27, Nick spent four years working at a franchise PR agency where he mastered the art of building rapport with media outlets and creating newsworthy pitches for earned media placements. He holds a Bachelor of Journalism from Drake University in Iowa.