consumers

Financing

Sales downturn was not self-inflicted, said Chipotle after rough 2Q

May was bad, but sales and traffic bounced back in June and July. Still, CEO Scott Boatwright said more work needs to be done to convey Chipotle's value proposition.

Technology

OpenTable launches AI chatbot that can answer diner questions

Concierge is embedded in OpenTable restaurant profiles and is designed to help customers learn more about a place before booking a table.

Younger guests are not drinking as much wine as their parents, but some operators are uncorking clever strategies to capture their interest and dollars.

The presence of cannabis-infused beverages at the National Restaurant Association Show has grown exponentially in recent years. But all in the segment agree: Regulations are needed.

Traffic and product mix declined 6.5% in the first quarter and headwinds continued in April. The fast-casual salad chain blamed the decline on consumer caution, but also the lingering effect of Los Angeles wildfires.

The slowdown in consumer spending is to blame for negative same-store sales in the first quarter for the fast-casual chain. But outside data indicates Chipotle may have a value perception problem too.

It was a tough first quarter for the fast-casual chain, which was blamed on slower consumer spending. CEO Scott Boatwright said Chipotle is doing everything right and sales will trend positive in the second half of the year.

A recent University of Michigan survey revealed a dramatic drop in consumer confidence, driven by fears of rising inflation and unemployment. As diners pull back on spending, restaurants face ongoing challenges in a deteriorating economic landscape.

About 10% of Americans have a food allergy, but restaurants have not always done a good job of catering to them. A new partnership between allergy nonprofit FARE and tech supplier EveryBite hopes to change that.

Tech Check: Restaurants have tried for years to get consumers to order direct. Those efforts may finally be paying off.

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