Financing

How demographics are affecting restaurant sales

In this week’s episode of "A Deeper Dive," Technomic’s Joe Pawlak talks about restaurant sales in the coming year.
Photograph: Shutterstock

a-deeper-dive

Is the retiring baby boom generation the reason for weak restaurant traffic?

It’s one possible explanation, according to Joe Pawlak, managing principal with Restaurant Business sister company Technomic. 

Pawlak is the featured guest this week on RB's podcast, "A Deeper Dive," and he gives his views on what restaurant sales will look like this year and the reasons why industry sales have been challenged recently.

Traffic has been down for much of the past three years and shows little sign of improving. Pawlak discusses where sales are shifting and how companies can respond, including the potential that a growing number of retirees are eating out less often.

Please have a listen.

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Financing

In Red Lobster, a symbol of the challenges with casual dining

The Bottom Line: Consumers have shifted dining toward convenience or occasions, and that has created havoc for full-service restaurant chains. How can these companies get customers back?

Financing

Crumbl may be the next frozen yogurt, or the next Krispy Kreme

The Bottom Line: With word that the chain’s unit volumes took a nosedive last year, its future, and that of its operators, depends on what the brand does next.

Technology

4 things we learned in a wild week for restaurant tech

Tech Check: If you blinked, you may have missed three funding rounds, two acquisitions, a “never-before-seen” new product and a bold executive poaching. Let’s get caught up.

Trending

More from our partners