Wealthier people eating more at Applebee's, IHOP according to parent company

As consumers tighten their wallets amid increasing inflation rates, a surprising find by the parent company of two popular affordably-priced restaurant chains in the U.S. has revealed that wallets for those making even more money might be tightening as well.

While it's unclear how Dine Brands CEO John Peyton got that data when he presented it recently, he suggested that the jump in sales is because"guests that often dine at more expensive restaurants are finding Applebee's and IHOP because of their well-known value position," he said.

Sounds made up to get more business

That’s just bad taste. Plenty of local restaurants that serve far better food in the same price range.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

John Oliver Takes Shots at “New Business Daddy” Warner Bros. DiscoveryJohn Oliver can’t help the sinking feeling that Warner Bros. Discovery is “burning down my network for the insurance money.” It’s (probably accidentally) very smart to have the most venemous barbs against you on your payroll
La source: VanityFair - 🏆 391. / 55 Lire la suite »