Convenience Store News

NOV 2016

Issue link: http://magazine.csnews.com/i/753555

Contents of this Issue

Navigation

Page 61 of 129

62 Convenience Store News | NOVEMBER 2016 | WWW.CSNEWS.COM Category Trends + Insights from FOODSERVICE TRENDSIGHTS have steepened lunch visit declines. All restaurant segments, with the exception of tra- ditional quick-service restaurants (QSRs), are losing visits. This is particularly true of casual dining and fast-casual restaurants where traffic was down in the quarter ending June compared to the same quarter last year by 6 percent and 9 percent, respectively. Quick- service retail, under which convenience stores fall, saw a 4-percent decline in lunch visits. Foodservice lunch, especially weekday visits, has already been negatively impacted by a 24-percent increase over the last decade in the number of people working from home, and an 8-percent increase in online shopping over the last year. Relatively recent menu price hikes have only worsened F oodservice lunch, which accounts for a third of all foodservice traffic, has posted consecu- tively steeper declines over the past six months. In the quarter ending June 2016, our CREST foodservice mar- ket research showed that lunch visits declined by 4 percent compared to the same quarter a year ago, the steepest decline of all main meal dayparts. The rise in employees working at home and more shopping online, which cuts down on foodservice meal and snack breaks, have been contributors to the soft- ening of lunch traffic. Plus, recent menu price hikes What's Behind Foodservice Lunch Visit Declines? Of all the main meal dayparts, this one is experiencing the steepest decline By Bonnie Riggs Restaurant Industry Analyst, The NPD Group www.npd.com Source: The NPD Group

Articles in this issue

Links on this page

Archives of this issue

view archives of Convenience Store News - NOV 2016