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Foodservice Retail Sales Bounce Back, Some

Written by The Ashton Report

Sales at “food service & drinking places,” as the US Commerce Dept. Bureau of the Census quaintly calls them, bounced back sharply in May but are still nearly 40% lower than a year ago. The “Advance” change in foodservice sales rose to $38.6B from April’s dismal $29.9 billion seasonally adjusted, a 29.1% gain. But that’s…

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