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Consumer Trends

Casual dining's traffic is nearly back to pre-pandemic levels, study finds

The sector's customer counts should top 2019 levels by the end of summer, according to the report.


Investors jump on board the restaurant bandwagon

Stock prices for all but one publicly traded restaurant company are up this year. But investors have grown more bullish on casual dining.

But both the limited-service Good Times and the full-service Bad Daddy's are cutting their hours because of labor problems.

Not even Jeopardy’s best might have nailed the surprising answer.

Diners are still eating pizza even as the pandemic eases, but they’re more likely to visit the restaurant for dine-in and carryout.

They were frustrated in part by an inability to restaff as dining room reopenings presented a shot at better revenues.

Chris Kempczinski is not dismissing the prospects of a comeback of its dining rooms, but he also acknowledges that takeout will dominate for a while.

The industry made a complete recovery from the pandemic, according to the latest retail sales data, but some of it is coming from prices, says RB’s The Bottom Line.

Same-store sales have risen for the past 11 weeks, according to Black Box, and check sizes continue to accelerate.

The sector’s biggest players indulged in considerable reinvention attempts as they felt the loss of breakfast and particular challenges at off-premise.

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