Tuesday, September 6, 2016

Despite weak same-store sales, restaurants keep building

Restaurants keep building despite mixed same-store sales, providing a boost to the restaurant industry during a summer of doldrums, according to the National Restaurant Association.
Image result for restaurant construction
The NRA’s Restaurant Performance Index increased modestly in July, to 100.6, from 100.3 in June. The biggest reason: Capital expenditures.

Nearly two-thirds of surveyed operators — 64 percent — told the NRA that they made a capital expenditure in the past three months. Sixty-five percent said they expected to spend in the next six months.. . . more

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