Bloomin’ Brands Inc.

People aren’t cutting back on tips even as inflation surges

Chef Alessandro Pirozzi, from Alessa by Chef Pirozzi, talks to customers at an outside table at the Promenade on Forest in Laguna Beach, CA on Wednesday, January 13, 2021. Paul Bersebach | MediaNews Group | Getty Images Even as restaurants and fast-food chains hike menu prices, customers aren’t pulling back on tips for wait staffs …

People aren’t cutting back on tips even as inflation surges Read More »

Consumers are cutting back on restaurant spending, but CEOs say not all chains are affected

Howard Schultz David Ryder | Reuters Some restaurants are reporting weaker sales or declining traffic in the second quarter, signaling that diners are cutting back on eating out to save money. But CEOs are split on how consumer behavior is changing and whether it’s impacting their companies. McDonald’s Chris Kempczinski and Chipotle Mexican Grill’s Brian …

Consumers are cutting back on restaurant spending, but CEOs say not all chains are affected Read More »