dining out

Boomers Turn the Tables in the Restaurant Industry

Posted on 05/16/2013 by | Who's News | Comments

Bulletin TodayIn the restaurant business, the conventional wisdom used to be that attracting young adults was the surest road to profit, because people invariably tended to dine out less as they got older. But boomers, an iconoclastic generation that’s refuted so many other age stereotypes, are upending the old equation. A recent study by NPD Group shows that visits to commercial food establishments — both restaurants and “snack” establishments such as coffee shops — by customers 65 and older have grown nearly …

Study: Older Workers Spend Less. And You?

Posted on 01/30/2012 by | The Ultimate Cheapskate | Comments

Money & SavingsI knew it! And now there’s another new study that backs me up. I’ve always suspected that young people – not just today, but in past generations as well – are less likely than their elders to appreciate the value of a dollar. In fact, I contend that increased frugality is a natural, subconscious part of aging.* The latest study to support my theory of aging thriftily was released this month by the recruiting and staffing firm Accounting Principals. Among …