America has lost its appetite for casual dining chains
- Hooters filed for Chapter 11 bankruptcy recently, joining other struggling casual dining chains.
- Diners are abandoning casual dining restaurants as their disposable income shrinks.
- Sales dropped 0.9% across the casual dining sector in 2024, while fast-casual grew 0.6%.
- Former Darden CEO Clarence Otis Jr. Stated brands became out of touch regarding menus and restaurant ambiance.
- Hooters plans a family-friendly makeover after bankruptcy, aiming to win back customers.
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Hooters, Red Lobster and TGI Fridays: Why America has lost its appetite for casual dining chains
Rising prices and shrinking budgets are pushing diners away from sit-down chains like Hooters and Red Lobster. Fast food and fast-casual options are taking their place
·Baltimore, United States
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Total News Sources36
Leaning Left1Leaning Right0Center25Last UpdatedBias Distribution96% Center
Bias Distribution
- 96% of the sources are Center
96% Center
C 96%
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