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:
“The whole business of your life overwhelms you when you live alone. One’s stupefied by it. To get rid of it you try to daub some of it off on to people who come to see you, and they hate that. To be alone trains one for death.”
—Louis-Ferdinand Céline (1894–1961)
“To business that we love we rise betime,
And go to’t with delight.”
—William Shakespeare (1564–1616)
“Being good in business is the most fascinating kind of art.... Making money is art and working is art and good business is the best art.”
—Andy Warhol (c. 1928–1987)