Fast-Casual Chains Struggle as Prices Soar
Boston News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Fast-casual chains like Chipotle, Cava, and Sweetgreen are facing a decline in customers due to rising menu prices. Customers are opting for cheaper alternatives or staying home, leading to a significant drop in traffic and stock prices. Despite food costs soaring, these chains are testing affordable add-ons and carefully adjusting strategies to maintain value for budget shoppers while preserving their premium image.
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