RAB Research Archive

Study: Over 66% of independent restaurants seeing sales declines from inflation



Independent operators have faced more than two years of sales hits from COVID-19 and inflation. Alignable finds that 45% of restaurant operators couldn’t pay July rent, marking a 7% increase in rent delinquencies from June. Additionally, 84% of U.S. consumers said they are eating out at restaurants less often because of cost pressures, according to Morning Consult.

Source: Restaurant Dive



View or Download: https://www.restaurantdive.com/news/inflation-independent-restaurants-sales-decline/628499/?utm_source=Sailthru&utm_medium=email&utm_campaign=Issue:%202022-08-05%20Restaurant%20Dive%20%5Bissue:43632%5D&utm_term=Restaurant%20Dive

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