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Although inflation is slowing, cost-conscious consumers are eating more at home or at lower-cost fast-food restaurants, where the average check is $7.92, about half the average check at a sit-down ...
The chain also reported a 1.2% rise in same-store restaurant sales, a 4.8% increase in menu prices, and a 5% drop in retail sales. Before its latest quarter, Cracker Barrel experienced declining ...
After facing lagging sales, discord with its restaurant operators, food quality complaints, and issues with its public image in recent years, Subway has been shuttering underperforming locations ...
Though Dickey’s was able to grow at a rapid pace after the Great Recession through franchise sales and peaked at 564 locations in 2017, the chain has faced some obstacles and financial woes over ...
A restaurant that is to-go only due to laws created to stop the spread of the coronavirus. In March 2020, restaurants' daily traffic dropped precipitously as the virus spread, compared to the same period in 2019. [25] According to NPR's Yuki Noguchi, "Just about every restaurant nationwide has been hit hard at once, making this disaster unique."
In order to keep up with more profitable sales from dine-in customers, many restaurants are shutting down delivery and online sales during peak periods, such as evenings and weekends, or at times ...
“The U.S. restaurant industry finds itself on the menu,” he wrote in a column for the Daily Mail. Don't miss Beating the market is no myth: These expert stock-pickers' recent success could ...
The health of the restaurant industry, as measured by the National Restaurant Association's Restaurant Performance Index, hit its lowest level since 2013, thanks to declines in same-store sales ...