Applebee's, IHOP attracting more wealthy customers
But there's a flip side to gaining sales among higher-income customers.
Source: local3news.com
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People earning more than $75k a year are heading to chains restaurants
Wealthier Americans have swapped high-end restaurants for chains that offer larger portion sizes and deals, and as a result, restaurants across the country are offering deals to lure customers in.
Source: dailymail.co.uk
Wealthier people eating more at Applebee's, IHOP, according to parent company
The CEO of the parent company that owns Applebee's and IHOP said they are seeing an increase in customers making higher salaries.
Source: kristv.com
Wealthy Consumers Head to Applebee's, IHOP, Lower-Income Diners Cut Back
The CEO of the company that owns the restaurants said wealthier customers are coming because of the restaurants' "well-known value position."
Source: businessinsider.com
IHOP, Applebee's witnessing wealthier clientele dining at restaurants
Applebee's and IHOP are seeing wealthier customers coming to their restaurants.
Source: washingtontimes.com