People are eating out less often and spending less money when they do. This is because of higher costs like rent and child care, as well as economic uncertainty. Restaurants are feeling the pinch and are trying to win back customers by offering more value. Fast-food chains like McDonald's, Taco Bel
Young adults are bringing back the idea of eating together at long tables with strangers. This trend is popular among those born between 1997 and 2012. They see it as a way to meet new people and feel connected. Almost all of them like this idea, while only 60% of older adults do. Many young diners
McDonald's is doing something interesting. While many restaurants are struggling, they are finding ways to get more customers to spend money. They have been offering deals and new food items. This has helped them increase sales, even when other places are seeing fewer customers. The restaurant worl
Yum! Brands, the company behind Taco Bell and KFC, is thinking about big changes for Pizza Hut. The pizza chain has been struggling lately, while its siblings are doing well. The boss, Chris Turner, thinks Pizza Hut needs a fresh start. Maybe even a new owner. Pizza Hut has been losing ground in th
Pizza Hut is in a tough spot. Yum Brands, the company that owns Pizza Hut, has decided to look at different ways to improve the pizza chain. This could mean selling it, teaming up with someone else, or just selling a part of it. The goal is to figure out what's best for Pizza Hut's future. Pizza Hu
The food service industry is booming and shows no signs of slowing down. This growth is driven by a rising demand for top-notch dining experiences. In this competitive market, restaurants must do more than just serve good food. They need to create an atmosphere that keeps customers coming back. So,
As restaurants grapple with rising costs and declining sales, a new warning from the U. S. surgeon general could further strain their profits. The warning highlights the link between alcohol and cancer, coming at a time when many Americans are cutting back on dining out due to inflation. According t
After a 20-year break, Chi-Chi's Mexican restaurants are set to reopen in 2025. This resurrection is thanks to a deal between Michael McDermott, the son of Chi-Chi's founder Marno McDermott, and Hormel Foods, who owns the Chi-Chi's trademarks. Michael, who has experience with Kona Grill and Rojo Mex
Chipotle recently announced a 2% increase in menu prices across the country. This decision comes as a response to higher costs of key ingredients like dairy, beef, and avocados. The move aims to counter the effects of inflation, which has been especially tough on restaurants. Despite the price hike,
The restaurant industry is eagerly awaiting 2025 after a challenging 2024. Kate Jaspon, the CFO of Dunkin' parent company Inspire Brands, expressed her hopes for the new year at a recent conference in Las Vegas. The industry has faced multiple setbacks, with bankruptcy filings up by over 50% compare
