- CNN Business
What went wrong at Red Lobster
Red Lobster, the poster child for American seafood, was dragged down by corporate mismanagement, competition and consumer shifts.
- CNN Business
Restaurants are competing for frugal diners’ dollars
Dining out these days might seem like a luxury for Americans pinched by inflation. For some restaurants, it feels like a battle to get them to spend.
- InvestorPlace
Stock Market Crash Alert: 3 Must-Buy Restaurant Stocks When Prices Plunge
Macroeconomic headwinds are buffeting consumer confidence and bringing volatility especially to high-growth stocks on Wall Street. Therefore, investors look at sectors outside technology, like these three restaurant stocks to buy. The sector has demonstrated remarkable resilience. Consumer spending at restaurants surging 5% in 2023, up from 4% in 2022. Regardless of inflation, restrained consumer spending and mounting concerns of potential stagflation, analysts still anticipate sustained demand
