'Canaries in the mine': Expert says new restaurant closures a sign of 'weakening' economy

'Canaries in the mine': Expert says new restaurant closures a sign of 'weakening' economy

Multiple American "fast casual" restaurants have recently declared bankruptcy, and many others posted flagging quarterly sales numbers for the first three months of 2025. One expert says this could be a sign that the U.S. economy is in for a turbulent future.During a Friday segment on CNN, host Erica Hill pointed out that fast food chain McDonalds posted its worst quarterly sales numbers since the onset of the Covid-19 pandemic, as low-income cu…

Spending squeeze keeps restaurants’ delivery and takeaway sales flat in March

Britain’s leading restaurant groups achieved fractional year-on-year growth of 0.7% in their delivery and takeaway sales in March, CGA by NIQ’s Hospitality at Home Tracker reveals.