Restaurant Business: What restaurant sectors thrived during the pandemic?
What restaurant sectors thrived during the pandemic?
In this episode of the RB podcast “A Deeper Dive” Lorn Davis, from the financial services firm Facteus, discusses industry metrics in the COVID era.
Why did some restaurant chain sales thrive so quickly after the pandemic?
This week’s episode of the Restaurant Business podcast “A Deeper Dive” features Lorn Davis, who leads corporate and product strategy at the financial data firm Facteus.
The company has been reporting sales using debit card information since the start of the pandemic, and its weekly reports have provided some key insights into the direction of retail and restaurant spending.
Davis discusses some of the sectors performing particularly well, such as chicken wings, and those that have a longer runway for improvement, like coffee. He talks about the factors that have influenced the sectors’ success and failure, and he discusses how consumers have changed since the start of the pandemic—and how much of that change could be permanent.