Casual-dining crisis takes a toll on brand portfolios

Casual-dining crisis takes a toll on brand portfolios

As the casual-dining crisis continues, some of the struggling segment’s national players are shedding prominent yet underperforming brands to focus resources on core concepts while regional chains go upscale in bids to bolster the ranks of fast-dwindling midmarket clienteles.

Hammered by the three strikes of more premium menu offerings from quick-service and fast-casual competitors, a weakening consumer environment affecting lower-income customers and the success of upscale-casual ste

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