Family-dining chain Bob Evans this week became the latest chain to confront declining guest counts as a result of the continuing midscale-restaurant recession. The chain reported a same store sales decline of 2.9% for the quarter ended Oct. 25, 2013, thanks in part to negative guest counts at lunch and dinner.
But rather than call [...]
Red Robin Gourmet Burgers pushes ahead with its ongoing brand transformation this week with the systemwide introduction of the first of the premium-price burgers the chain has been testing for the past year.
Red Robin is calling these new burgers its Finest line. The first to move onto the menu is the Finest Smoke & [...]
The “Year of the Bun” continues! Wendy’s this week brings back the Bacon Portabella Melt sandwich it first offered a year ago but this time puts it on a brioche bun for extra flavor and value cachet.
Unlike competitors Burger King and McDonald’s, Wendy’s isn’t shying away from premium-tier burgers. It can do that because [...]
All the CEOs who have blamed disappointing sales on soft consumer spending have been telling it true. Data from The NPD Group show that restaurant visits using a deal or discount increased across all segments during the first nine months of 2013.
Source: The NPD Group/CREST, year ending August. Percentage changes are vs. year [...]
Every restaurant chain is struggling to redefine value a consumers cut back on away-from-home dining. BJ’s Restaurant & Brewhouse’s definition includes introduction next month of a new line of BJ’s Brewhouse Burgers as part of a streamlined menu.
The Huntington Beach, Calif.-based casual-dining chain announced a 2.2% decline in same-store sales for its Q3 ended [...]
While some other QSRs are backing away from premium-price limited-time items, which can be a tough sell, Sonic Drive-In is considering hiking prices for premium LTOs. The chain is readying a new menu and a shift of ad dollars toward digital media.
Sonic Drive-In this week reported an impressive 5.9% increase in same-store sales for [...]
Source: The NPD Group
Restaurants want to believe that the 1% decline in customer traffic at lunch since 2008 is the result of debt-laden consumers spending less. Maybe. But NPD Group data finds that many of those customers haven’t left the marketplace; they simply opted to go across the street to a Wegmans, Walgreen’s [...]