Restaurants the Third Largest Share of Retail Sales on Record
ArrowStream economists look at the restaurant industry's broader significance on total retail sales to further illustrate the extent of short- and long-term effects we can expect.
Content Marketing Manger
Melissa Evans is the Content Marketing Manager, where she brings over six years of foodservice industry experience to the table. She specializes in creating content that helps operators across all segments make smarter, more profitable business decisions. Whether it’s navigating supply chain complexities or uncovering hidden cost savings, Melissa makes the details digestible. Off the clock? She’s probably thinking about her next snack.
ArrowStream economists look at the restaurant industry's broader significance on total retail sales to further illustrate the extent of short- and long-term effects we can expect.
ArrowStream economists ran analysis on the “Leisure and Hospitality” category, which includes restaurants, and advise that a government bailout would make sense.
Adults aged 65 years and over make up 19% of the restaurant industry traffic. Add to this the 55-64 age group and it accounts for more than one third of restaurant industry traffic.