Market Currents
Restaurant operators could take a hit from store closures this weekend with a major snowstorm...
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Friday, February 8, 12:44 PM ETRestaurant operators could take a hit from store closures this weekend with a major snowstorm expected to bring street traffic to a standstill over a wide area, according to Miller Tabak. Dunkin' Brands (DNKN +1.4%) could see a drop in traffic along with other East Coast-heavy chains such as Cheesecake Factory (CAKE -0.3%), Darden Restaurants (DRI -0.2%), and Panera Bread (PNRA +0.3%). Power outages lasting until next Valentine's Day when store traffic is expected to be high is a particular concern if widespread.
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