Food inflation is putting a dent, with April showing a 4% decline in traffic compared to one year ago

April restaurant traffic drops 4% as inflation puts a dent in recovery

Households with incomes less than $50K saw their restaurant visits decline by 11%

Food inflation is putting a dent in consumer visits to restaurants, with April posting a 4% decline in traffic compared to one year ago. Inflation stands at 9% compared to April of 2019. The data come from Chicago-based research firm NPD.

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Fat Brands acquired Nestlé Toll House Café by Chip from Crest Foods, according to an announcement

Fat Brands acquires Nestlé Toll House Café by Chip

Executives at multi-brand franchisor anticipate economies of scale, increased competitive positioning in cookie-and-ice-cream space

Fat Brands acquired Nestlé Toll House Café by Chip from Crest Foods, according to an announcement. The purchase includes 85 cafes in the United States. The acquisition of Nestlé Toll House Café by Chip will bolster Fat Brands’ competitive positioning in the cookie and ice cream space.

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Wing Zone partnered with Miso Robotics to install Flippy 2 in future builds

Wing Zone to include Miso Robotics’ Flippy 2 in future restaurant builds

Robotics advancements will be incorporated in upcoming openings in Southern California

Wing Zone partnered with Miso Robotics to install Flippy 2 in future builds of its restaurants. The move follows a February announcement by White Castle indicating it would deploy Flippy 2s in 100 future locations. Wing Zone said it is the first fast-casual brand to “spec food robotics in its operations at this level.”

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54% of consumers are dining out less due to inflation per CORE Foodservice Division. 1/3 of consumers are trading down

Consumers dining out less, rank price more important: Acosta CORE report

About a third of consumers are choosing less expensive restaurants, deploying tactics to save money on meals

Despite inflation, consumers continue to dine out; but with prices rising, 54% of consumers are dining out less often. This is one of the observations that sales-and-marketing firm Acosta revealed via a recently-released report from its CORE Foodservice Division. Moreover, according to “The Why? Behind the Dine,” about a third of consumers are trading down rather than not going out, opting to eat at less expensive restaurants due to inflation. These diners are also seeking deals and choosing less expensive meals, indicates the report, which utilized an online survey to gather consumer insights.

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Black Tap Craft Burgers and Beer will open new locations in Dallas, Miami and Nashville next year

Black Tap Craft Burgers to open in Dallas, Miami, Nashville by early 2023

Black Tap Nashville earliest among new locations opening within in 2022, 2023

Black Tap Craft Burgers and Beer will open new locations in Dallas, Miami and Nashville by early 2023. Married couple and founders Chris Barish and Julie Mulligan will expand their brand of burgers and CrazyShake milkshakes to 21 locations worldwide. After the three openings, the burger chain will operate in six states and nine countries.

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Schlotzsky's unveiled its first double drive-thru Design 1000 prototype restaurant in Oklahoma City

Schlotzsky’s double drive-thru Design 1000 store unveiled in Oklahoma City

One lane designed exclusively for delivery orders; seatless restaurant also has walk-up window

Schlotzsky’s unveiled its first Design 1000 prototype restaurant in Oklahoma City. It was announced in the fourth quarter of 2020, along with Design 1800, the single drive-thru. In contrast, Design 1000 features two drive-thrus that were created on each side of the restaurant. This prototype reinforces the commitment of Schlotzsky’s to off-premises business, the sandwich chain announced in a statement.

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