1851

The restaurant industry is currently feeling the effects of a negative trend&#8212;consumers didn&#8217;t dine out as much in March as they did in February. <a href="http://nrn.com/rpi/report-march-same-store-sales-stall-traffic-slowdown?NL=NRN-02_&amp%3BIssue=NRN-02__20160503_NRN-02__902&amp%3Bsfvc4enews=42&amp%3Bcl=article_1_1&amp%3Butm_rid=CPG06000001666135&amp%3Butm_campaign=9129&amp%3Butm_medium=email&amp%3Belq2=f16ef196d6a241d281569573337c0188&utm_source=1851franchise.com&utm_medium=article&utm_campaign=same-store-restaurant-sales-are-down-after-less-consumers-dine-out-in-march-4479" target="_blank" rel="nofollow" target="_blank">Nation&#8217;s Restaurant News</a> notes that the National Restaurant Association&#8217;s (NRA) Restaurant Performance Index (RPI) fell from 102.1 in February to 100.7 in March. According to the monthly survey, 46 percent of restaurant operators said traffic slowed down during the month, while 26 percent said they saw an increase in customers. As a result, only 46 percent of operators said same-store sales increased in March, which is a huge drop from the 71 percent who saw same-store sale increases in February. But according to the NRA&#8217;s chief economist, Bruce Gindy, those numbers aren&#8217;t exactly surprising. In a statement, he said, &#8220;With the exception of February, which was bolstered by Leap Year, the RPI told a generally consistent story in recent months.&#8221; Despite the stall in same-store sales, the NRA doesn&#8217;t consider the restaurant industry to be shrinking. Some operators are still optimistic about their sales prospects&#8212;38 percent said they expect their sales to rise within the next six months. 59 percent of restaurateurs are also planning to expand their businesses with new equipment or remodeling. The RPI is based on two indices: The Current Situation Index and the Expectations Index. It was the latter&#8212;the index that measures operators&#8217; expectations&#8212;that held up the RPI in March. &#8220;Same-store sales and customer traffic readings were a mixed bag, while restaurant operators remained cautiously optimistic about business conditions in the months ahead,&#8221; said Grindy. &#8220;Barring any external shocks, this likely points toward the continuation of a moderate business environment during the remainder of 2016.&#8221; Click <a href="http://nrn.com/rpi/report-march-same-store-sales-stall-traffic-slowdown?NL=NRN-02_&amp%3BIssue=NRN-02__20160503_NRN-02__902&amp%3Bsfvc4enews=42&amp%3Bcl=article_1_1&amp%3Butm_rid=CPG06000001666135&amp%3Butm_campaign=9129&amp%3Butm_medium=email&amp%3Belq2=f16ef196d6a241d281569573337c0188&utm_source=1851franchise.com&utm_medium=article&utm_campaign=same-store-restaurant-sales-are-down-after-less-consumers-dine-out-in-march-4479" target="_blank" rel="nofollow" target="_blank">here</a> to read the original Nation&#8217;s Restaurant News article.

1851 Franchise

The National Restaurant Association’s Restaurant Performance Index shows that operators are cautiously optimistic about their sales expectations in the months ahead.

This brand page has been paid for by 1851. Content within this page that is paid will showcase a Sponsored icon. This means the brand has engaged 1851 FRANCHISE to write the content. Content without the Sponsored Icon is aggregated media placements the brand earned. Questions can be sent to editorial@1851franchise.com

Same-Store Restaurant Sales Are Down After Less Consumers Dine Out In March   

same-store-restaurant-sales-are-down-after-less-consumers-dine-out-in-march

SweatHouz

Helping Others ‘Step Into Wellness’ Drives Carrie Ratz’s Journey From Finance to SweatHouz Franchise Ownership

carrie-ratz-sweathouz-franchise-journey

Pigtails & Crewcuts

Pigtails & Crewcuts kids salon, St. Louis, Missouri expansion

Pigtails & Crewcuts Targets St. Louis for Growth, Seeking Family-Focused Entrepreneurs To Lead Expansion

pigtails-crewcuts-st-louis-franchise-expansion

Griswold

Griswold Franchise - Agg - Lakewood Colorado - 1851 Franchise

Griswold Expands to Lakewood, Colorado, Bringing Nonmedical Home Care to Local Seniors

griswold-home-care-lakewood-golden-expansion

Jollibee

Jollibee Franchise - Texas Market Growth - 1851 Franchise

Why Jollibee Is Targeting Texas for Franchise Growth

jollibee-franchise-expansion-texas

Layne's Chicken Fingers

Layne's Chicken Fingers - VP of Culture Operations - Cuyler Esposito - 1851 Franchise

Layne’s Chicken Fingers Appoints Cuyler Esposito as Vice President of Culture Operations

laynes-franchise-cuyler-esposito-vp-culture-operations

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Development Website Builder

Franchise Resources

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Domino's Franchise - North Pole - Dec 2025 - 1851 Franchise

Domino’s Pizza Brings Delivery Cheer to North Pole, Alaska

dominos-pizza-franchise-north-pole-alaska

California Pizza Kitchen’s Sale Is the Latest in the Era of PE-Backed Turnarounds in Franchising

california-pizza-kitchens-sale-is-the-latest-in-the-era-of-pe-backed-turnarounds-in-franchising

Buying a fitness franchise, people exercising

Boutique vs. Big Box Gym Franchises: Which Offers Best ROI in the $7 Billion Fitness Market?

buy-fitness-franchise-boutique-big-box-comparison

Pieology Pizza Enters Chapter 11 Following Costly Bid To Save Struggling Stores

pieology-pizza-files-chapter-11-bankruptcy

CNBC: McDonald’s Will Assess if Franchisees Are Offering Value for Customers Under New Standards

mcdonalds-franchise-standards-value-metric

Bed Bath & Beyond - Franchise Expansion - Retail Strategy - 1851 Franchise

Bed Bath & Beyond Launches Franchise Model as Part of Comeback Strategy

bed-bath-beyond-franchise-expansion-retail-strategy

Paris Baguette Welcomes Zac Sulma as New Chief Operating Officer

new-coo-zac-sulma

AI-related job cuts, October U.S. job cuts, American job cut record

AI-Fueled Layoffs Reshape the U.S. Job Market — And Highlight Franchising’s Resilience

ai-job-cuts-franchising-path-forward

Senior Entrepreneurship - Franchising - 1851 Franchise

Senior Entrepreneurship Is Rising — And Franchising Is a Key Outlet

senior-entrepreneurship-franchising-silver-startups

Photo of group of dogs standing together in day care facility

Top Pet Boarding and Day Care Franchise Opportunities for 2025

top-pet-boarding-daycare-franchises

Do You Qualify? A Look at the Chick-fil-A Franchise Requirements

do-you-qualify-a-look-at-the-chick-fil-a-franchise-requirements

Scenthound Franchise Costs, Fees, Profit and Data for 2025

scenthound-franchise-costs-fees-profit-and-data

The Top 15 Pet Supplies and Retail Franchises for 2025

the-top-15-pet-supplies-and-retail-franchises

Christmas Decor Franchise Costs, Fees, Profit and Data for 2025

christmas-decor-franchise-costs-fees-profit-and-data

Men In Kilts Franchise Costs, Fees, Profit and Data for 2025

Same-Store Restaurant Sales Are Down After Less Consumers Dine Out In March

MORE STORIES LIKE THIS