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Marketing

Applebee's picks a meal-deal fight with Chili's

 By Joe Guszkowski on Dec. 11, 2024

Applebee’s took a page from Chili’s playbook with its new $9.99 Really Big Meal Deal. Now the bar-and-grill chain is poking its rival on social media as it looks to make up lost ground.

Operations

Chipotle raises menu prices nationally for the first time in more than a year

 By Lisa Jennings on Dec. 04, 2024

The fast-casual chain has held back on pricing in most regions while focusing on consistent portion sizes. But to address rising inflation, it raised menu prices about 2%.

Food

Applebee's joins meal deal trend with $10 Really Big Meal Deal

By Joe Guszkowski on Nov. 12, 2024

The meal features a bacon cheeseburger or chicken sandwich, fries and a fountain drink. It’s part of a new approach to value at the casual-dining chain.

Financing

Red Robin dials up discounts after 2 years of resistance

By Joe Guszkowski on Nov. 07, 2024

The casual-dining burger chain said the deals are needed to compete in the highly promotional market, and are designed to show off its improved food and service.

Operations

El Pollo Loco finds value-hunters want even more value

By Lisa Jennings on Nov. 01, 2024

The fast-casual grilled-chicken chain launches a $5 Taco Tuesday promotion to spark trial after traffic plummets 7.6% in third quarter.

Financing

Senators prod McDonald's over 'excessive' price hikes

By Joe Guszkowski on Oct. 23, 2024

The officials accused the fast-food burger chain of setting prices higher than necessary. McDonald’s has said prices have risen in line with its costs.

Financing

Inflation and earnings data show some real hope for restaurants

By Jonathan Maze on Oct. 10, 2024

Wages are rising faster than inflation, which could ultimately ease consumer pressure for lower prices. Meanwhile, grocery prices outpaced menu inflation last month.

Marketing

The winner of the value wars may not be who you think

By Joe Guszkowski on Oct. 02, 2024

Though fast-food chains have led the charge on low-priced meal deals, consumers now view casual dining as a better value, according to new research.

Food

Convenience stores counter fast-food deals with head-turning bargains of their own

By Peter Romeo on Sep. 27, 2024

Market leaders like Circle K, Wawa and 7-Eleven are wooing deal hunters with meals priced as low as $3.

Financing

Gas prices are falling. So what does that mean for restaurants?

By Jonathan Maze on Sep. 20, 2024

The Bottom Line: The price of gas has been falling much of the year and is below $3 per gallon in some states. Will that give operators a sales boost?

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