OPINIONFinancing

How the once-mighty are falling in casual dining

Restaurant Rewind: Dominance within the full-service sector has shifted appreciably during the last 20 years. Here’s a look at how the balance of power has changed, humbling two powerhouses in particular.

Casual dining roared back as pandemic conditions lifted and dining rooms reopened, dispelling assertions the segment was cooked. But that doesn’t mean the full-service chain market has been on cruise control, as this week’s episode of Restaurant Rewind attests.

The retro-focused podcast looks back during the installment to what the casual market looked like 10 and 20 years ago, and how that compares with the state of play today. Among the brands that have clearly aged are TGI Fridays and Red Lobster, the brands that virtually midwifed the whole sector.

Join us as we look at how the market has changed, and what propelled those granddads of the segment to prominence in the first place.

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