sales

Marketing

The fast-food business ended 2024 on a high note, sort of

Traffic at quick-service restaurants increased last quarter, according to Revenue Management Solutions, but it declined again in December.

Financing

Soaring demand for weight-loss drugs could change food spending

Study finds GLP-1 medications such as Ozempic could result in cuts to grocery spending and reductions in spending at fast-food restaurants during breakfast and dinner.

The Bottom Line: After thriving coming out of the pandemic, fine-dining restaurants and so-called eatertainment chains have seen big sales pullback. Is it inflation or something else?

The decision undermines insurers' argument that coverage applies only in instances where a business suffers physical damage.

The fast-food giant was generating traffic and sales growth until the outbreak hit in October. Data from Placer.ai shows just how bad it’s been for the company and its operators.

The Bottom Line: Sales growth at restaurants and bars easily outdistanced grocery sales and their own prices in October, despite all kinds of concerns about inflation.

Two have been closed and one is being sold, trimming the full-service sports bar chain to 11 units, all in Texas.

A Deeper Dive: Kenny Kraft and Tyler Martinez from Houlihan Lokey join the Restaurant Business podcast to talk about the state of the restaurant industry.

Sales at restaurants and bars increased 1% in September, according to new federal retail sales data. And they’ve been outpacing other industries all year despite consumer concern about menu prices.

Data from Black Box Intelligence and others suggest consumers are ordering restaurant budget deals. But the focus on value doesn’t appear to be generating more customer counts, at least broadly.

  • Page 5