My Blog

Fast Casual Chains—Chipotle, Cava, More—Sound Alarm On Drop-Off In Lower-Income Customers

Younger consumers and households earning under $100,000 are cutting back on restaurant spending, Chipotle CEO Scott Boatwright said this week, while noting a broader pullback across the industry, as shares of fast casual chains from Sweetgreen to Cava also continue to slide.

Source: Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts