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Retailers Take The Bite Out of Restaurant Sales

[ 0 ] Oct. 4, 2013 | SBO Editor

Lunch traffic at retail stores selling prepared foods rose 29% since 2008, a period that saw a 1% decline in midday restaurant traffic, according to an NPD Group report. The report forecasts a continuation of the trend — retailers’ sales of prepared foods is on track to grow 10% during the coming decade, while restaurants will likely book a more modest 4% increase.

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Category: Features