Foodservice Sales to Hit $997B in 2023

Insights

The National Restaurant Association says higher menu prices and pent-up demand to drive 6.4% growth from $937 billion last year. “Restaurant operators obviously have to look for creative solutions in this environment because the traditional restaurant model, from a cost standpoint, was not designed to endure the depth and breadth of this sustained period of much, much higher food and labor cost.”  Read more here.

Author: Nation's Restaurant News