Applebee's CEO says death of casual dining is 'false news' - News Summed Up

Applebee's CEO says death of casual dining is 'false news'


Recently there have been reports of millennials killing the casual family dining industry. But the CEO of Dine Brands, parent company of Applebee’s, says that’s not true. “I'd like to put to rest false news about the death of casual family dining and the abandonment by millennials of the categories,” said Stephen Joyce said during a conference call last week, Food News Feed is reporting. APPLEBEE’S GIVES UP ON APPEALING TO MILLENNIALSAccording to Joyce, millennials are actually driving the restaurant’s growth — he claims guests under the age of 34 make up the largest percentage of customers at Applebee’s. “When you look at the alternatives out there in the marketplace today and who's creating buzz and creating excitement, it's gone away from chain casual dining," John Antioco, the former CEO of TGI Fridays, told Business Insider last year.


Source: Fox News May 10, 2018 18:00 UTC



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