Reported 1 day ago
As consumers return to pre-pandemic dining habits, casual dining chains like Olive Garden, Texas Roadhouse, and Chili's are vying for a larger share of the market for special occasions. Analysts predict that while budget-conscious diners will prioritize outings like date nights, competition remains fierce in a fragmented industry. Brands that effectively utilize marketing and promotions, such as Chili's, which recently saw a 14% rise in same-store sales, are positioning themselves as leaders. However, challenges persist, including rising inflation and the growth of fast-casual dining alternatives.
Source: YAHOO