NPD: Restaurant Visits Improve In Canada & China; Remain Stable In Japan, UK & US
The state of the global restaurant industry in this year’s third calendar quarter was a reflection of each geography’s economy, according to recent foodservice market research from The NPD Group, a leading global information company. In the quarter, China’s double-digit gains in foodservice visits were a reflection of its robust economy, and Canada’s one percent traffic increase was realized by a stable economy. Continuing economic struggles and negative consumer confidence in Australia, France, Germany, Italy, Japan, and Spain contributed to each respective area’s traffic declines in the third quarter (July, August, and September) of 2012. …