The global recession is giving rise to a new breed of consumer that demands greater value for money and is less likely to put up with inferior service, according to a UK report released overnight. The...

American consumers, who like Australians have been increasing private label consumption and spending more on eating at home, are going to continue to place their premium on value rather than quality once...

McDonald’s, the world’s largest hamburger chain, has announced a global sales increase of 7.1% for the third quarter despite the recent economic turmoil. The strong results have led some, including...

Woolworths CEO Michael Luscombe has told of Woolworths’ lack of belief in recessions, as the country’s largest supermarket chain continues to head toward their ambitious growth targets. “At...

UK retailer Waitrose has seen demand for ‘restaurant-style foods’ soar as rising costs put greater strains on household spending. Sales of nibbles – from olives and dips to gourmet sharing...

The economic downturn in America has led to a number of initiatives from McDonald’s seeking to lure customers, but the strategies now seem to be frustrating some franchisees. US comparable sales...

The US restaurant industry is taking a hit as economic struggles plague the country. New consumer research from Mintel reveals that 54% of people who dine out regularly are restricting their restaurant...

Despite the traditional post-budget bounce, Australian consumer sentiment is still at worrying levels. The Westpac-Melbourne institute index of consumer sentiment, released today, rose to 89.8 index points...

With concerns of an economic slowdown in Australia due to worries about the financial state of the US, rising interest rates and spiralling inflation, restaurateurs could be forgiven for thinking tough...

Consumer confidence has fallen further in the past month according to the Westpac-Melbourne Institute index of consumer sentiment released today. The index is at 15 year lows and indicates that the interest...