Seeking Alpha

Restaurant chains see lower traffic but stable pricing during Black Friday weekend

  • The restaurant industry could have a tougher time meeting last November's comparable-store sales marks due to the 4% dip in retail store traffic during the Black Friday weekend.
  • While apparel sellers gained some lost brick-and-mortar sales back through their e-commerce businesses, quick-service chains such McDonald's (MCD -0.1%) and Starbucks (SBUX -0.5%) are left on the outside looking in with foot traffic down. Dunkin Brands (DNKN -0.3%) in particular could see a dip with retail traffic in the Northeast down 9.8% compared to a year ago for the 4-day period.
  • Despite the disappointing traffic numbers, channel checks show pricing was very solid in November as the restaurant sector avoided most of the promotional frenzy plaguing retail.
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Comments (1)
  • Cfritter
    , contributor
    Comments (56) | Send Message
     
    NorthEastern huh? Wasn't like a massive snow storm that might be the cause.
    3 Dec 2013, 02:05 PM Reply Like
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