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Chick-News.com Poultry Industry News, Comments and more by Simon M. Shane

Growth in Restaurant Transactions Stalling

07/04/2020

NPD Group reported that customer transactions at major U.S. restaurant chains was 13 percent lower during the week ending June 21st compared to the corresponding week in 2019.  There was a one percent decline in transactions from the previous week reversing the trend over the past month.  The small decline is attributed to a surge in COVID-19 diagnoses in several high-density states.  Arizona recorded a 5-point decline in year-over-year transactions for the week with single digit declines for Florida, Nevada and North Carolina.

On-premise dining has increased with 79 percent of restaurants open for the week ending June 21st versus 74 percent for the prior week.  Full-service restaurants are still impacted with a 24 percent decline for the week ending June 21stcompared to the corresponding week in 2019.

 


David Portalatin

In commenting on recent data, David Portalatin, advisor to NPD commented "the U.S. restaurant industry’s road to recovery is going to have some bumps along the way".  He added "the pandemic isn't over and as often mentioned it is unprecedented so there is no road map".  Restoration of restaurant traffic is critical to the recovery of the food service sector, responsible for a significant proportion of chicken and egg production.


 
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