"Value matters to everybody,” McDonald's CEO Chris Kempczinski said. “Feeling like you’re getting good value for your dollar is important.”
Chipotle CEO sounds alarm on the American economy: Gen Z and millennials are too burdened by unemployment and student loans to eat out
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McDonald’s and Cava earnings have one thing in common: The K-shaped economy has a vise grip on the lunchtime crowd
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The Snack Wrap is so popular that some McDonald’s ran out of lettuce
The fast food giant's affordability push comes as lower-income consumers pull back on spending.
The core issue: "I think it’s pretty obvious the consumer is not in a great place overall," Sweetgreen CEO Jonathan Neman said.
Chili’s reported a 24% jump in same-store sales in its most recent earnings report.
As sales at Chipotle, Cava and Sweetgreen fall, fast-casual chains are turning more to promotions and loyalty programs to get Gen…
McDonald's has doubled down on value, which will likely help boost sales, but some franchisees are standing ground in their…
The split in company results indicates consumers are splurging in some areas, as they save in others.
