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Restaurants Take 27 Cents From Every Food Dollar
Clarence Zaitz reports from San Diego that UPI says restaurants will do about 50 billion dollars in sales this year, taking 27 cents of every food dollar as the industry grows. The Financial Analysis Federation notes rising restaurant-goers outpacing population growth and a fading pattern of families sharing meals, a trend highlighted by James Morrell of SAGA Corp. whose Velvet Turtle chain operates four brands.
MENTIONED IN THIS ARTICLE
Clarence Zaitz
San Diego
UPI
Financial Analysis Federation
James Morrell
Saga Corp
SAGA
The
Velvet Turtle
Morrell
David Thomas
Wendy's International
Boise
Ida
Stockton
Modesto
Calif
Thomas
McDonald’s
Michael J. Esposito
Bache & Co., Inc
Wendy’s