Who will win, and who will lose, as the economy slows

Where are sales and traffic going in 2023 and who will win?

This week’s episode of the Restaurant Business podcast A Deeper Dive features R.J. Hottovy, head of analytical research with the data firm Placer.ai.

R.J. has covered the industry for more than two decades and knows a thing or two about the restaurant and retail sectors and we like having him on every so often to talk about the state of industry traffic. R.J. joined us at the recently concluded National Restaurant Association Show.

We discuss the potential impact of a recession on industry sales and traffic. Consumers have been increasingly reliant on credit card debt to pay various expenses, leading many to believe that cutbacks in spending are coming.

Who will win in that scenario? And who will lose? R.J. and I talk about those issues on this week’s episode of A Deeper Dive so please have a listen.