Traffic is down at Olive Garden restaurants compared to pre-Covid levels, as rising inflation causes some of the chain’s lower-income customers to stay away. Read more here: https://www.restaurantbusinessonline.com/financing/lower-income-guests-are-pulling-back-olive-garden
With restaurants facing a continuing labor shortage, some are turning to robotics for help. Meet Flippy, a robot cooking up fries at a California Jack in the Box. Read more here: https://www.washingtonpost.com/business/2022/09/20/robots-automating-restaurant-industry/
The global fast casual restaurant business is expected to rise from $164 billion this year to almost $260 billion in 2027, according to a newly-released market study. Read more here: https://finance.yahoo.com/news/worldwide-fast-casual-restaurants-industry-100000262.html?
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