Wendy’s, Denny’s, Red Lobster close locations in 2024
A rough year for the restaurant industry led many chains to close underperforming locations in 2024, as they try to…
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Dine Brands Global
Chili’s sales boosted by TikTok, fast food rivalry
An ad campaign targeting fast-food chains and a TikTok-viral appetizer helped Chili's same-store sales climb nearly…
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Restaurant CEOs focus on value as they aim to bring back customers
A sign advertises meal deals at a McDonald's restaurant in Burbank, California, on July 22, 2024.Mario Tama | Getty…
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Fast food diners switch to casual chains, Darden CEO says
Customers arrive at an Olive Garden location in San Antonio, Texas.Callaghan O'Hare | Bloomberg | Getty…
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Consumers are cutting back on restaurant spending, but CEOs say not all
Howard SchultzDavid Ryder | ReutersSome restaurants are reporting weaker sales or declining traffic in the second…
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