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10 Restaurant Chains That Are Struggling in 2024
Eat This, Not That! via AOL· 2 days ago6428W Digital Art / ShutterstockThe restaurant business is a notoriously difficult one. Amid inflationary challenges and shifting consumer preferences,...
Earnings call: Portillo's reports mixed Q1 results amid expansion By Investing.com
Investing.com· 3 hours agoPortillo's, the fast-casual restaurant chain known for its Chicago-style hot dogs and Italian beef...
Fast-Casual Restaurants Want to Be the Next Chipotle. These 3 Stand Out.
Barrons.com· 3 hours ago“If they really want to be a 1,000-unit chain, drive-through will have to be a big piece of that...
Portillo's (PTLO) Stock Trades Down, Here Is Why
StockStory via Yahoo Finance· 18 hours agoShares of casual restaurant chain Portillo’s (NASDAQ:PTLO) fell 13% in the pre-market session after the company reported first-quarter results with...
McDonald's India franchisee Westlife posts profit slump on frail demand
Reuters· 49 minutes agoWestlife Foodworld , the operator of McDonald's restaurants in west and south India, reported a 96% slide in fourth-quarter profit on Wednesday as inflation
10 restaurant chains that closed the most locations last year
Restaurant Business· 5 days agoRestaurant chains have had a difficult few years between the pandemic, inflation and consumer...
Federal Reserve says interest rates will stay at two-decade high until inflation further cools - The...
The Boston Globe· 7 days agoThe Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent...
Restaurant Winners Have a Common Trait: Keeping a Lid on Prices
The Wall Street Journal· 7 days agoRestaurant chains outperforming their competitors seem to have one thing in common: keeping prices...
People say they worry about inflation. Their restaurant spending might show otherwise
KTEP 88.5 El Paso· 3 days agoRestaurant earnings and pricing tell us the economy is still troubled by inflation but not badly enough for consumers to give up eating out.
Chili’s and Applebee’s woo inflation-weary diners as fast food prices continue to climb
New York Post· 6 days agoKing locations. Are they looking for their fix at the wrong restaurant chains? Chili’s seems to...