https://www.newsnationnow.com/business/slop-bowl-sales-warning-restaurant-chains/
Bidenflation really did a number on restaurants. Hardly a week goes by we don't hear about another one shutting down here in C-Stat.
Maybe it's a good thing young people learn how to cook for themselves. It's way cheaper. Maybe they'll learn to brew their own coffee too.
Bidenflation really did a number on restaurants. Hardly a week goes by we don't hear about another one shutting down here in C-Stat.
Quote:
Several restaurant chains are sounding the alarm about their customers' attitudes as the country's economy worsens due to inflation and slow hiring numbers.
Chipotle, Sweetgreen and Cava all purveyors of "slop bowls" have seen their stocks drop dramatically in 2025. Chipotle's stock is down about 50% for the year, while Cava has seen a 60% decline. Sweetgreen last week revealed in its earnings that same-store sales slid 9.5% and visits fell nearly 12%.
"The 25-to-35 (year old) consumer is the most under pressure, and they make up about 30% of our consumer base," Sweetgreen's CFO Jamie McConnell said.
Chipotle's CEO Scott Boatwright added the chain is not losing its consumer base to competition, but instead to grocery stores and people eating at home.
Maybe it's a good thing young people learn how to cook for themselves. It's way cheaper. Maybe they'll learn to brew their own coffee too.
The left cannot kill the Spirit of Charlie Kirk.