While transactions have declined at chain restaurants, things could have been a lot worse.
The NPD Group reports that customer transaction declines at major US restaurant chains held steady at negative 9% every week in October compared to the same weeks a year ago.
Quick service restaurant chains, which have shown more strength during the pandemic, also posted transaction declines at negative 9% throughout the month.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
