Published June 21, 2017

Fast-casual chains are getting squeezed

Recent reports show declines in revenues for fast-casual dining restaurants. Examples of fast-casual dining include Panera Bread, Co., Chipotle, and Habit. Fast-casual dining has been popular in recent years as alternatives to traditional fast food restaurants. However, recent improvements to traditional fast food menus have siphoned off customers from fast-casual dining. The recent tug of war for revenues demonstrates that while demographic trends change, restaurant chains must continue to adapt to ever changing trends and changes.

Key Takeaways:

  • The fast-casual segment is supposedly a disruptive force in the restaurant industry, pulling consumers away from traditional chains while promising higher quality food and a faster service model.
  • But that disruption doesn’t mean fast-casual chains are immune from all the other issues afflicting the restaurant industry at the moment.
  • In a notably weak period for restaurants, the fast-casual segment was the weakest.

“In the first three months of the year, publicly traded fast-casual chains averaged a same-store sales decline of 1.6 percent.”

Read more: http://www.nrn.com/fast-casual/fast-casual-chains-are-getting-squeezed

Related Post:
  1. Government reveals 10 most bizarre excuses for not paying minimum wage
  2. Softly does it: how restaurants are improving their soft drinks
  3. 92% of Independent Restaurants Polled Not Using Any Active Shooter Training
  4. Customers are annoying
  5. The latest in tech: Scheduling, delivery and automation
  6. Resilient Restaurateurs: Growing a Restaurant Group from the Ground Up
  7. Tacos 4 Life Hires Bolsters Leadership with New Hires
  8. Can you imagine serving this group of people?
  9. Insects, Elk, and the Rise of Alternative Proteins
  10. ‘Better chicken’ makes waves on menus