#Forbes Fast Casual Chains—Chipotle, Cava, More—Sound Alarm On Drop-Off In Lower-Income Customers
Fast Casual Chains—Chipotle, Cava, More—Sound Alarm On Drop-Off In Lower-Income Customers
Younger consumers and households earning under $100,000 are cutting back on restaurant spending, Chipotle CEO Scott Boatwright said this week, while noting a broader pullback across the industry, as shares of fast casual chains from Sweetgreen to Cava also continue to slide.
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