Business
In the United States alone, consumers spent about US$110 billion on fast food in 2000 (which increased from US$6 billion in 1970). The National Restaurant Association forecasted that fast food restaurants in the U.S. would reach US$142 billion in sales in 2006, a 5% increase over 2005. In comparison, the full-service restaurant segment of the food industry is expected to generate $173 billion in sales. Fast food has been losing market share to fast casual dining restaurants, which offer more robust and expensive cuisines.
Read more about this topic: Fast Food
Famous quotes containing the word business:
““What business is it of yours, then?”
“It’s every man’s business to see justice done.””
—Sir Arthur Conan Doyle (1859–1930)
“The ways in which most men get their living, that is, live, are mere makeshifts, and a shirking of the real business of life,—chiefly because they do not know, but partly because they do not mean, any better.”
—Henry David Thoreau (1817–1862)
“On the most profitable lie, the course of events presently lays a destructive tax; whilst frankness invites frankness, puts the parties on a convenient footing, and makes their business a friendship.”
—Ralph Waldo Emerson (1803–1882)