Starbucks faces challenges from high-end artisanal brands to low-end mass market competitors, but its position in the market actually is relatively secure, according to a new study.
The success of mobile and other digital loyalty programs at Starbucks, Dunkin’ Donuts, Panera Bread and Domino’s Pizza has caught the restaurant industry’s attention. The stakes are high, with customer traffic and sales showing worrisome declines.
The long slump facing the restaurant industry is showing no sign of easing. High menu prices are a key factor that's keeping diners away.
US restaurant same-store sales fell 2.8% in July, extending a skid that has lasted more than a year. Why can't consumers work up a healthier appetite for restaurant meals?
There are still consumers who vow that they won’t eat at McDonald’s clan, but the fast-food giant appears to be pleasing an ever-larger number of palates.
American consumers’ appetite to eat in at restaurants is waning these days, contributing to the industry’s sluggish sales and traffic, but there is a bright spot on the market: Delivery sales.
A Bankrate survey found that 22% of those 18-29 dine out or get takeout food seven times a week or more. Less than 10% of those over 50 say the same.
Millennials devote more of their food dollars to restaurant dining than any other age group, a new survey suggests. But the survey also found that millennials are likely to look for online coupons or other offers from restaurants, and to use the internet to find deals.
After Starbucks’ success with its app, McDonald’s comes late to the game hoping its own app drives traffic to stores.