Fast-food chains like McDonald's and Olive Garden experience sales drops as consumers cook more at home amid easing inflation.
Inflation has been easing for over a year, particularly in grocery prices, prompting consumers to cook more at home and dine out less. This shift has led to declining sales for fast-food chains like McDonald's and Darden Restaurants, which owns Olive Garden, both reporting sales drops. In contrast, grocery producers like General Mills and stores such as Kroger are seeing increased sales. Restaurants are responding with more bargains to attract cautious consumers.
September 26, 2024
49 Articles