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Retail Survey Report: Border Grills, Red Lobsters, Quality Inn, Payless Shoes,Pizza Inn
Sectors: Retail/Wholesale
Symbols: CHH, DRI, EAT, PSS
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Business Is Stronger Than Last Year, Say 40% of On the Border Grills
In TickerMine's recent survey of On the Border Grill restaurants, we
learned that 77% of locations surveyed are busiest at dinner.
Fifty-seven percent said the biggest draw for their customers was the
menu; 37% said it was the atmosphere, and 6% said it was the prices.
The average check size for a party of two is between $14 and $30,
reported 54% of respondents. Forty-six percent of respondents said it's
between $35 and $45. Fajitas are the most popular menu item for 46% of
locations surveyed; empanadas were the second most popular item, cited
by 23% of respondents. Business is good for the chain: 40% of locations
surveyed said they are busier than last year. Thirty-four percent said
they're about as busy as last year, while only a quarter said business
last year was stronger.
50% of Red Lobsters Say Lobster Demand Is Down From Last Year
Fifty percent of Red Lobster restaurants have seen a decline in lobster
orders since last year, according to TickerMine's latest poll.
Thirty-eight percent of restaurants surveyed said lobster demand has
remained consistent, and just 12% said more lobsters are being ordered
now. However, lobster specials remain the most popular item on the Red
Lobster menu, according to 21% of respondents. The shrimp sampler
(15%), ultimate feast (15%) and Hawaiian Isles shrimp and salmon (9%)
are also popular. Fifty-three percent of Red Lobsters indicated that
the average bill for a party of two is between $40 and $50. Thirty-five
percent said it's between $25 and $35, and 12% said it's between $55
and $60
Busiest Season Approaches for The Quality Inn Hotel Chain
Bookings have picked up at 90% of The Quality Inns surveyed by
Tickermine as their busiest season approaches. Respondents at 47% of
the Quality Inns surveyed stated that winter was very busy compared to
40% that stated is was slow. Location was cited by 60% of the hotel
chain respondents as the reason customers choose to stay. At least 77%
of the Inns were located within one mile of a freeway and 73% were
situated near other hotels. Summer is their busiest season according to
50% of the hotels interviewed.
Economic Worries Help Payless Shoes
58% of the
Payless Shoe Stores in a recent Tickermine survey stated that summer
sales are up over last year. 48% feel that business is better due to
concerns about the economy. Despite these facts, 94% anticipate a lot
of summer sale merchandise. According to 68%, women’s shoes are
outselling kids’ shoes, although several respondents noted that may
change as the “back-to-school’ season approaches.
Business Steady at Pizza Inn
At The Pizza Inn
restaurants, 46% say business is up over last year and 38% say it is
the same. Just 15% reported being less busy than last year. The average
check for a party of two is $15-$25 according to 62% of respondents.
Asked to name the most popular menu item, 15% said the Meaty Max, 12%
said the Pepperoni Pizza and 12% said the Taco Pizza.
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