Since the early 2000s, consumer spending in the quick-service restaurant sector has experienced near year-on-year growth, peaking in excess of $320 billion in 2022. This should excite the industry.
Most quick-service restaurants rely heavily on recurring diners to drive business growth. Take Chick-fil-A, for example—92 percent of its customers visit on a monthly basis. Encouraging visitors to ...
Last month saw the release of the International Franchise Association (IFA)'s annual Economic Outlook report, a study of the franchise industry's performance in the U.S. over the past year and a ...
High inflation and economic uncertainty will encourage consumers to watch their spending and shift towards cheaper offerings, like quick-service fast food. Quick service fast food chains source most ...
Although payment systems in quick service restaurants (QSRs) have never been more convenient for businesses and customers, there's growing concern over just how secure financial transactions are in ...
The dining landscape is experiencing a significant transformation, shifting from full-service to quick-service models. While the impact of COVID-19 has hastened this change, the transition from ...
The quick-service restaurant sector has never been more crowded, with a wave of buzzy upstarts clashing with industry giants in a fight for customers with increasingly strained wallets. The battle for ...
Quickway Japanese Hibachi has leased a 2,500-square-foot restaurant space in the Republic Plaza Shopping Center at 909 Broadhollow Road in Farmingdale. The space was formerly occupied by Noodles & ...
Restaurant stocks have been on the defensive over the past 2 months, and while the erosion in the S&P 500 Restaurant Industry Index is clear, the reason why is less so. Data showing a deterioration in ...
The restaurant industry is navigating a period of slow growth and uncertainty, but two brands have proven to be consistent for consumer satisfaction amid such a challenging backdrop — Chick-fil-A and ...
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