Casual Dining Concepts Struggled in 2024
Casual dining restaurant brands, including Applebee's, experienced declines in 2024, according to Franchise Times' Top 400 data.
Declines in Sales and Units
Of the four concepts in the subcategory, three faced declines in sales and units, with Applebee's sales falling by more than 5 percent and its unit count shrinking.
John Peyton, CEO of Dine Brands, said evolving guest expectations and economic shifts resulted in a challenging year.
- Applebee's: over 1,600 locations in the US and other countries
- Johnny Rockets: specializes in American classics with a strong international presence
- The Melting Pot: leadership remains committed to the experience
Author's summary: Casual dining brands struggled in 2024 due to changing guest expectations and economic shifts.
More News
- Brewers Go Out With a Whimper in NLCS
- Fabrizio Romano has terrible news for Tottenham midfielder
- Ferrari’s Elkann issues statement – fully backs Vasseur
- Borrower Monitoring, AI Processing, DPA, Verification Tools; Events and Training; Robots Will do What?
- EU Updates Age Verification Standards for Minors
- Manchester United’s stance on Kobbie Mainoo leaving Old Trafford in January revealed
- TBA, Appraisal, Reverse Mortgage Tools; STRATMOR on AI and Competition; Can the CFPB be Willed Away?