Gen-Z Teenagers Shifting Away from McDonald’s, Starbucks, Chick-fil-A, and More
There is a shift in Gen-Z teenagers’ interest in popular chains like Chick-fil-A, Starbucks, McDonald’s, Chipotle, Raising Cane’s, and Texas Roadhouse. Their preferences are shifting and popularity for these chains are slowly declining. However, teen spending is up – they are just exploring new options.
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Restaurants Celebrate SpongeBob’s 25th Anniversary with their Take on the Krabby Patty
With SpongeBob SquarePants’ recent anniversary of being on the air for 25 years, over 100 restaurants around the country and in select locations globally have participated in creating their own version of the famous Krabby Patty. Restaurants like Wendy’s, Duck Donuts, Brooklyn Dumpling Shop, and many more have taken part in the Krabby Patty Kollab, piquing the interest of about 90 million people who watch the show quarterly.
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Lessons Restaurants can Learn from the Recent Wave of Bankruptcies in the Industry
Over the course of this year, there has been an influx of restaurants filing for bankruptcy. Many restaurant operators suffer from “nearsightedness” that may be coming back to haunt them now. Current issues such as inflation and a lack of investors are causing financial troubles for many restaurants due to the absence of long-term plans.
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Experiential Dining Coming to Arizona with a New Pickleball Eatertainment Concept
Pickleball continues to increase in popularity around the country, and this concept plans to take advantage of the opportunity. Electric Pickle, operated by Eureka! Restaurant Group and financially backed by Knighthead Capital Management, is opening its doors in December in Tempe, AZ with more locations to come in the future. The concept includes a two-story restaurant, pickleball courts, bocce ball courts, ping pong tables, and a golf simulator.
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The McDonald’s and Krispy Kreme Partnership has Expanded to Chicago, More to Come
Krispy Kreme and McDonald’s tested a partnership in Kentucky in 2022, bringing three of Krispy Kreme’s most popular doughnuts to McDonald’s restaurants. The success of this partnership has led to its expansion into Chicago in mid-October with a national expansion set for the end of 2026.
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