Throwing a wedding shower? Call Panda Express to cater it.
Fast-casual chains are leading growth in the catering category, which has increased significantly since the recession. Even as pinched consumers slashed their restaurant spending, they invested more in catering -- and not just through local restaurants and delicatessens. Almost a third of consumers now cater through fast-casual chains.
"It fascinated us," said Melissa Wilson, principal at Technomic. "Even when consumers were watching pennies, they're still very time-pressed," and invested more in catering when they entertained at home. She added that while consumers increased their catering spending during the recession, corporations cut theirs. READ MORE