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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 ...
McDonald's investors will look for signs of near-term sales disruption from the recent E. coli outbreak linked to its Quarter Pounder hamburgers when it reports third-quarter results on Tuesday.
The US restaurant industry was projected at $899 billion (~$1.04 trillion in 2023) in sales for 2020 by the National Restaurant Association, the main trade association for the industry in the United States. [2] [3] An estimated 99 percent of companies in the industry are family-owned small businesses with fewer than 50 employees. [4]
Rubio's also has been struggling under the shadow of Mexican restaurant giant Chipotle in the hyper-competitive segment known as fast casual. And then there were the costs: rising food prices and ...
Fast food restaurants often aim some of their advertising directly at the youth population. [4] Around $1 billion is annually spent on advertising targeted at youth-oriented media, primarily television, in the United States. Some estimates indicate that for every $1 the WHO dedicates to promoting healthy nutrition, the food industry spends $500 ...
Denny's plans to close 150 of its lower-performing restaurants through 2025, 50% of which will close by the end of 2024, and slim down its menu. ... fifth-straight quarter of year-over-year sales ...
The Pontiac restaurant was located at 1831 W. Reynolds St., while the Springfield store was located at 3150 S. Sixth Street. ... WMBD-TV reported that the fast-food chain shut down about four ...
These days, craft beer sales have fallen as consumers broadly drink less. Rubio’s The fast-casual chain, known for its fish tacos, had 86 locations at the time across California, Nevada and Arizona.