New Market Research Report: Full-Service Restaurants in Portugal
2013, as a whole, was another challenging year for full-service restaurants. After several difficult years for this category, full-service restaurants declined further in 2013 by 7%, suffering more than all other consumer foodservice categories. Despite the relative improvement observed from July onwards in terms of consumer confidence, the macroeconomic uncertainties force the Portuguese to remain cautious about their spending in general, looking for ways to economise and optimise their budgets. Thus, many consumers ate at home, or took their lunches...
View full press release