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Creative Trends

Restaurant Industry outlook - 2025

22 Nov 2024

Description

The restaurant industry in 2024 faced significant challenges, including a surge in bankruptcies, declining customer traffic, and disappointing same-store sales. However, some positive signs emerged, such as improving sales and falling interest rates, leading executives to express optimism for 2025. Despite this cautious hope, concerns remain regarding continued value wars, the potential for further bankruptcies, and a slow consumer recovery. The possibility of increased initial public offerings in the restaurant sector is also discussed.

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