McDonald’s closing more U.S. restaurants this year than it will open
For the first time in 40 years, the struggling burger giant plans to close more restaurants this year than it will open, according to the Associated Press.
Chipotle closes 43 units following E.coli outbreak
Twenty-two people have been sickened in total, including 17 who had eaten at one of Chipotle’s outlets in Oregon or Washington.
While consumers continue to hold their wallets tight when it comes to eating out, the popularity of snacking is holding steady. Snack sales have dipped only 1 percent this year, compared to losses of 5 percent and 3 percent in supper and lunch, respectively, according to data from Port Washington, New York-based market research firm NPD.