3/3/13

Obamanomics: Restaurant traffic plunges

High gasoline prices and 2% payroll tax hikes are going to take a bite out of restaurant sales this year. For some chains the slump has already started. At Darden Restaurants, the owner of Olive Garden, Red Lobster, LongHorn Steak House. Darden Restaurant traffic is down an average 4.5, with Red Lobster leading the pack down 7.5%. Read more.