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Inflation and consumer shifts take a bite out of pizza demand

Quick-service pizza delivery chains like Domino's and Papa Johns have reported weaker sales and traffic as consumers look for other options, or simply decide to stay home.


Dutch Bros wants to give customers a break on price hikes this year

The drive-thru coffee chain, which raised prices 11% in 2022, said it plans to hold the line in 2023, particularly after it made changes to its loyalty program.

The fast-casual chain is also looking to cut $10 million from support center costs in effort to be more nimble and efficient.

The chicken chain attributed fourth quarter comp sales increase of 8.7% entirely to transactions.

The company will open up to 16 North Italias, Flower Childs and other brands from its Fox Restaurant Concepts division.

One of the industry's biggest menus is getting smaller, but executives said they don't foresee it hurting sales.

The Outback Steakhouse parent says new tech and kitchen equipment should help profits this year. But much will depend on traffic.

The fast-casual, "better burger" chain is positioning itself to capture trade-down diners with truffles and more plant-based options. It is also working to rebuild profit margins.

The take-and-bake pizza chain "closed a lot of stores" last year amid lower franchisee profits. But parent company MTY Food Group says 2023 has started out much better.

Traffic is up 10% through the first seven weeks of 2023. Executives aren’t sure why, but they have a few ideas.

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