{"id":13686,"date":"2017-06-20T06:10:49","date_gmt":"2017-06-20T06:10:49","guid":{"rendered":"http:\/\/www.ceo-na.com\/?p=13686"},"modified":"2018-05-14T23:12:38","modified_gmt":"2018-05-14T23:12:38","slug":"lack-appetite-earnings-2","status":"publish","type":"post","link":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/business\/industry\/lack-appetite-earnings-2\/","title":{"rendered":"Lack of appetite and earnings"},"content":{"rendered":"

Workers in the US\u00a0prefer to attend company\u2019s lunch spaces rather than getting out to a restaurant.<\/strong><\/p>\n

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The US\u2019 restaurant industry seems to be skipping lunch. Americans had visited 433 times less restaurants for lunch in 2017 when compared with last year, which caused US$3.2 billion in lost business for restaurants, as revealed by NPD Group Inc, a market research firm.<\/p>\n

This figure is 2% less from 2015, and it was the lowest level of lunch traffic in at least four decades. The reasons? Home-office and a lot of \u201clunch and learn\u201d meetings where business partners have food delivered. Affordable food at supermarkets also contributed to these figures as employees prefer to bring lunch and eat at the dining spaces in offices.<\/p>\n

Who\u2019s left hungry? Tyson Foods (NYSE:TSN), a meat giant, recently announced a 29% drop in quarterly earnings caused partly by the decline in restaurant traffic.<\/p>\n

Another ingredient of the lunch shortage is \u201cthe soaring price of a restaurant lunch ticket, which jumped 19.5% at $7.59 since the recession,\u201d The Wall Street Journal reported.<\/p>\n

The Bureau of Labor Statistics showed that home-office has increased from 19% in 2003 to around 24% in 2015. What is the best menu option to sit people at the lunch table? \u201cRestaurants that cater to consumers\u2019 desire for faster and healthier food,\u201d recommends Duff & Phelps Corporation, a corporate-finance advisory firm.<\/p>\n

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\"\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Workers in the US\u00a0prefer to attend company\u2019s lunch spaces rather […]<\/p>\n","protected":false},"author":8,"featured_media":13756,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[70],"class_list":["post-13686","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry","tag-restaurant-industry"],"_links":{"self":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/13686","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/comments?post=13686"}],"version-history":[{"count":5,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/13686\/revisions"}],"predecessor-version":[{"id":16589,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/13686\/revisions\/16589"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media\/13756"}],"wp:attachment":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media?parent=13686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/categories?post=13686"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/tags?post=13686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}