Restaurant Sales to Reach $683 Billion in 2014

The National Restaurant Association predicts industry sales will increase 3.9% to $683 billion in 2014 from $659 billion last year. Approximately 990,000 restaurants will open this year according to reports from the “Restaurant Industry 2014” forecast. Hudson Riehle, the NRA’s senior vice president for research and knowledge, said that technology will help encourage consumers into restaurants. “Technology will have substantial implications going forward in terms of how restaurants boost their loyalty.”

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