By Ryan D. Lavender
Published on March 22, 2021 at 4:40 PM
With this report, we update our data-driven Kalinowski Fine Dining Index for Q1E to -12.0%. This figure is based on our latest proprietary checks/data as regards same-store sales performance for this segment during January, February, and the first half of March. Our implied numbers for this January, February, and all of March are approximately -35%, -22%, and +35%, respectively. (Please note that equal-weighting these months would result in a number equal to -7.3%, but due to much less relative business in March 2020 as compared to January/February 2020, the March 2021 figure is relatively less weighted when we calculate our Q1 index number.)
By Mark Kalinowski
Published on December 8, 2020 at 12:00 AM
About six months ago, we published a report examining market-share opportunities within the casual dining sector. In this report, we update our numbers. One of the important changes is that we now look for 8%-20% of the casual dining restaurants in the U.S. that were in operation as of the start of 2020 to be closed permanently by the end of March 2021. (Previously, we were looking for 3%-15% of casual dining restaurants to be closed permanently by the end of December 2020.) Keep in mind that we expect these closures to be heavily weighted toward independents/momand-pops and, to a somewhat lesser degree, smaller (privately-held in nearly all cases) restaurant chains.
By Mark Kalinowski
Published on December 7, 2020 at 12:00 AM
With this report, we update our data-driven Kalinowski Fine Dining Index for Q4E to -28.8%. This figure is based on our latest proprietary checks/data as regards samestore sales performance for this segment during October and November. Our implied numbers for this October, November, and December are approximately -25%, -28%, and -33%, respectively.