Retail Foodservice Sales, After Months Of Stagnation, Showed Real Gain In October

Retail sales at food services and drinking place rose to $89.5 billion in October, a 1.6% month-over-month gain, according to the latest “Advance Retail Sales” report from the Census Bureau, released Nov. 16. It was the first time real restaurant and foodservice sales surpassed the inflation-adjusted peak reached in May. It was also the second…