A. Elizabeth Sloan

Despite the less-than-perfect economic picture—rising gas prices, relatively high unemployment, spiraling commodity costs, and a drop in the number of households with incomes of more than $100,000—there is no shortage of opportunities or innovation in the $631.8 billion restaurant industry (NRA, 2012a). McDonald’s new Favorites Under 400 Calories menu, which includes 38 burgers, sandwiches, snacks, and beverages, has been quick to attract the attention of waist-watching consume…Consumers are snacking at restaurants more frequently than they did a couple of years ago, and ethnically inspired appetizers like bruschetta are among those ordered most frequently.

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