Olive Gardens same-restaurant sales increased 3.1 percent throughout 2016, and The Cheesecake Factory has experienced 27 consecutive quarters of positive comparable sales.
What we see from the top performers is the way they deliver the experience to their guests seems to be a big factor, Fernandez says. Service and value are the two key metrics in which were seeing better results from some brands [more than] others.
At Dennys, which had same-restaurant sales increase by 1 percent in its latest quarter and opened 13 new restaurants while closing five, the executive team has placed a focus on value to push the brand forward.
"Millenials" is a funny way of saying "our failure to adapt to a changing market."Millenials are to blame
You guys say every restuarant is shit.
The real reason is probably people not going as a family as much, when I was younger and it was a family meet up, we use to go alot, we still occasionally do do this but I don't even remember the last time I went to these places besides a date I had that happened like last year.
When alot more of us "millennials" settle down and have children, I think business will pick back up again.
Someone explain the avocado toast meme to me
This exactly.Boomers: Millennials are so frivolous! You should spend your money more wisely!
Millennials: That's a good idea for once, grandpa. *stops paying for overpriced, garbage tier food*
Boomers: No! Not like that!
The thing is, a lot of towns have local places that are cheaper and have much better atmosphere. So even when people our age have disposable income they can choose to simply go to better places.
"Millennial consumers are more attracted than their elders to cooking at home, ordering delivery from restaurants and eating quickly, in fast-casual or quick-serve restaurants,"
Who want's to pay $12 + tip for frozen dinner quality food?
"Millenials" is a funny way of saying "our failure to adapt to a changing market."
Nah, I'm still going strong.