The Hunger Pangs Let Up A LittleLois Therrien
After several tough years, the $267 billion food-service industry will struggle again in 1993 to serve up appetizing results. Americans began flocking more frequently to eateries last fall after rationing their away-from-home dining during the recession. As a result, sales at eating and drinking establishments will rise this year after sliding since 1990, though the rate improvement will be smaller than in four of the past five years. "It's going to be another challenging year," says Sidney J. Feltenstein, executive vice-president for Burger King Corp. Restaurant sales may rise only 3.5% this year, vs. 2.1% in 1992, according to Merrill Lynch & Co.
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