New data from Fiserv shows that small restaurants/independents experienced modest sales growth in June (+0.4%) compared to June 2024. However, their month-over-month declines in transactions (-2.6%) and foot traffic (-2.5%) eroded much reason for optimism.According to Fiserv’s Small Business Index, this negative monthly trend followed a 5.6% month-over-month drop from April to May.
The overall index for small businesses shows a 1.4% month-over-month sales decline, reflecting a broad slowdown in consumer activity across segments, not just restaurants. Foot traffic overall was also negative month-over-month, at -2%....
RSK: Still a rough road ahead for the small restaurant operator. As many new ones that pop up, several go dark.
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- - Volume: 25 - WEEK: 28 Date: 7/8/2025 3:25:35 PM -