Bolstered by record warm temperatures in many parts of the country, a majority of restaurant operators reported January gains in same-store sales and customer traffic. In addition, operators reported a boost in plans for hiring and capital expenditures -- positive developments for both the restaurant industry and the overall economy.
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It's a win-win situation for both the restaurant operator, who now has another viable option for the disposal of old oil, as well as the general public, who benefit from energy conservation and energy source options.Hudson Riehle
Among all 50 states, Texas is obviously a bright star in terms of growth in the restaurant industry. When you consider the disposal of personal income and combine this with population growth, it adds up to a recipe for success for Texas.
Hudson Riehle
Fueled by strong same-store sales, December's solid index performance was the result of broad-based growth across the index components. Three out of five restaurant operators reported a same-store sales gain in December -- the strongest level in 12 months. In addition, the Expectations Index posted its fourth consecutive monthly increase, which points toward growth in sales, staffing levels and capital expenditures during the next several months.
Hudson Riehle
It makes sense - particularly at larger companies that have human resource functions that are planning out long term - that when they look ahead, they obviously are going to work harder at retaining those individuals. Unless you have the skill set, customer counts can suffer.
Hudson Riehle
But by and large, this certainly isn't a national movement in the restaurant industry.
Hudson Riehle
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