A hub for independent voices and hard truths
American Express (AXP -3.12% ) has gone all-in on dining in an effort to attract younger customers. Now, millennials and Gen Z are among the company’s most loyal cardholders. When Amex began its foray into the restaurants and events space …
Food prepared at home continues to be a cost-effective option, with grocery prices rising at a modest 1.1% annually, compared to the 4.1% spike in dining out. While some claim inflation is under control, the reality paints a different picture. …
Majority of casual dining restaurants are down 30-50% YTD pic.twitter.com/pDIYPhgT0i — Win Smart, CFA (@WinfieldSmart) July 8, 2024 In 2023, the casual-dining segment faced significant challenges. While overall sales for casual-dining chains increased by 4.7% year over year, traffic declined …
Despite rising costs, 38% of adults are willing to take on more debt for leisure activities. They plan to travel, dine out, and enjoy live entertainment in the coming months. It seems the desire for experiences is outweighing financial caution! 38% of …
California’s $20 minimum wage led to fast food price hikes, lower foot traffic, study shows. In the six-month period leading up to the new law being enacted, fast food prices in California rose on average by 7% — forcing franchisees …
Former Massachusetts District Attorney Rachael Rollins is facing scrutiny for using her taxpayer-funded purchase card for expensive dinners, including charges at seafood and Italian restaurants, Jersey Mike’s, coffees, and Uber Eats, in violation of state guidelines. Rollins allegedly used her …
More low income earners in the Us are not dining out, per Reuters: pic.twitter.com/oAbUo1h9D0 — unusual_whales (@unusual_whales) April 8, 2024 “Runaway prices at U.S. fast-food joints and restaurants have made people skittish down the income ladder and executives at chains …
[News & Information Release] “Taco Bell restaurants in Oakland, California have been forced to suspend indoor dining indefinitely after being subjected to a series of robberies amid an unrelenting crime surge in the city. Business has been restricted to drive-thru …
OAKLAND, Calif. (KGO) — Customers no longer have access to dining rooms at most Taco Bell restaurants in Oakland. We spotted signs saying “dining room closed” at the restaurant at 35th Avenue and MacArthur Blvd on Monday. According to reports, four …