The Battle for the Consumer Wallet and Camp Bacon

15 Min Read By MRM Staff

This edition of MRM's Daily Bite features AlixPartners, eMarketer, The Middleby Corporation, ShopKeep, Genesis Hospitality, Zingerman’s, Chuck E. Cheese, US Foods, Southern Glazer’s, Mahony and Sons and Reis & Irvy’s. 

Send news items to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com.

Dining Out in 2018Restaurants will have to continue to battle for their share of consumers’ wallets this year, with Americans expecting to both dine out less and spend less per meal. That’s according to a survey of more than 1,000 consumers, released by AlixPartners. Overall, consumers said they plan to spend an average of $14.95 per meal this year, down from the $15.20 they said they spent over the past year. Furthermore, 31 percent of respondents in the survey said that “lower price” was “important” or “very important” to them in defining value, vs. 21 percent who said that in a similar AlixPartners survey released in the spring of 2017.

The fast-casual…