Restaurant Sales Surpass Grocery Store Sales for the First Time
date:May 20, 2015
egan gradually shrinking in 2010, a trend that was partially due to the increase in consumers buying their groceries at big-box stores.
There has been a dramatic shift toward restaurants that occurred in the last 10 months. In June 2014, grocery store sales exceeded restaurant sales by $1.6 billion. By April, the gap essentially reversed with restaurant sales moving out in front by $1.5 billion.
The $3.1 billion sales shift registered during the last 10 months is nearly as much as occurred duri
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