As expected restaurant sales rebound in March but long term woes of casual dining continue
SEAFOOD.COM NEWS - April 15, 2014
As expected, March brought good news for the restaurant industry once the crippling effect of this year’s unusually cold winter started fading away.
The latest Restaurant Industry Snapshot from Black Box Intelligence and People Report shows that same-store sales grew 0.7 percent in March - a strong 1.4-percent improvement from the 0.7-percent decline reported in February and the first growth since November 2013.
“The year-over-year performance for March was especially strong considering that the bar was set pretty high by March 2013, which posted same-store sales growth around 1.5 percent,” said Victor Fernandez
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