1851

Here&#8217;s a mystery for you: How can foodservice spending be on the rise if more people aren&#8217;t visiting restaurants? Citing data from The NPD Group, CSPnet.com reported foodservice spending rose 3 percent during the year ending April 2015. However, in this same time period, visits were flat. The answer: Spending increases can be attributed to higher prices, of course. "It's a battle for share within the foodservice industry and a battle for food dollars between in-home and away-from-home dining," Bonnie Riggs, NPD restaurant industry analyst, said. "In order to grow, foodservice manufacturers and operators need to have a clear understanding of consumer expectations and then they need to meet those expectations. If they don't, someone else will." It&#8217;s now especially important for food purveyors to focus on attracting business, as they&#8217;re no longer just competing with other restaurants. Data shows that in-home meals have been increasing for the past several years. Click <a href="http://www.cspnet.com/category-news/foodservice/articles/foodservice-spending-visits-flat?utm_source=1851franchise.com&utm_medium=article&utm_campaign=csp-foodservice-spending-up-but-visits-flat-1776" target="_blank" rel="nofollow" target="_blank">here</a> to read the full story.

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Franchises not just competing with each other as more Americans eat at home.


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