Of the “core four” onsite foodservice segments, B&I is clearly the one most affected by the business cycle. The 2010 Industry Standards and Benchmarking Comparisons Report of the Society for Foodservice Management (SFM) shows definite participation declines at both breakfast and lunch, combined with steep drops in per-day profit (or average loss, in subsidized locations). Yes, the numbers are from 2009, but few believe 2010 was much different. On the other hand, the ...

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