All-you-can-eat buffet restaurants are back | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

All-you-can-eat buffet restaurants are back

The owner of Old Country Buffet and Furr’s Fresh Buffet filed for bankruptcy in 2021. About the same time, so did Cicis and the owner of Souplantation and Sweet Tomatoes. Operators cited occupancy restrictions, bans and health concerns. But now buffets are making a comeback. In March, visits to three leading buffets — Golden Corral, Cicis, and Pizza Ranch — were up 125% from January of 2021, according to data from Placer.ai, which tracks foot traffic at restaurants and stores.

The company plans to add up to 250 more Golden Corral buffets around the United States over the long run. Buffets are growing again in part due to financial strains on consumers. The median household income of Golden Corral, Cicis and Pizza Ranch customers is below the national average, according to Placer. Inflation has pushed more middle-class and lower-income customers to buffets, analysts say. “It shows that people are looking for value,” said R.J.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 4. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France 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.

Jenny Craig is going out of business | CNN BusinessJenny Craig, the weight-loss chain, has confirmed that it's shutting down for good.
La source: cnni - 🏆 326. / 59 Lire la suite »

Cord cutting, streaming losses and the 'terrifying math' driving the writers strike | CNN BusinessThe structure and economics of the entertainment industry are changing ferociously fast. Nowhere is that more evident than on the picket lines of writers for television shows and movies that began Tuesday.
La source: CNN - 🏆 4. / 95 Lire la suite »

Jury briefly deliberates in Ed Sheeran copyright infringement case before ending for the day | CNN BusinessThe jury in the Ed Sheeran copyright infringement case — about whether Sheeran's smash single 'Thinking Out Loud' copied the classic Marvin Gaye song 'Let's Get It On' — deliberated for about five minutes Wednesday evening before the judge sent jury members home.
La source: CNN - 🏆 4. / 95 Lire la suite »

Read this to understand what Fed Chair Powell said today | CNN BusinessNumerous waves of showers and thunderstorms will move across the United Kingdom over the next several days, leaving those celebrating King Charles III’s coronation to dodge the rain over the weekend of festivities
La source: cnni - 🏆 326. / 59 Lire la suite »

White House warns debt default could wipe out 8 million jobs, plunge stock market | CNN BusinessWhite House economists warned on Wednesday that a protracted debt default would cause the loss of more than 8 million jobs and cut the stock market in half.
La source: CNN - 🏆 4. / 95 Lire la suite »

FTC says Meta should be barred from monetizing data from younger users | CNN BusinessThe Federal Trade Commission on Wednesday accused Facebook-parent Meta of violating its landmark $5 billion privacy settlement and called for toughening up restrictions on the company, after alleging Meta has improperly shared user data with third parties and failed to protect children as it has promised.
La source: cnni - 🏆 326. / 59 Lire la suite »