Who is Responsible for Dining Decline
Blame aging baby boomers for the lack of business many restaurateurs are experiencing, although younger diners are cutting back on how many meals they eat out, as well.
The dinner hour is when most restaurants make the bulk of their profits, but it has been a poor performer over the past decade, reports the NPD Group, a leading research firm that evaluates food trends. This downward spiral started even before the economy started to tank. What is alarming about this story is the rapidly increasing number of aging baby boomers, whose dinnertime meal habits are changing, and creating a negative economic impact.
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