Simplification has helped Chili’s Grill & Bar maintain sales in a challenging consumer environment, executives said Wednesday.

Gen Z – which includes consumers 12- to 27-years-old – is expected to wield $12 trillion in spending power by 2030, according to Nielsen, likely making it the wealthiest generation ever.

Chipotle’s interim chief executive officer made one thing especially clear Tuesday during his first earnings call since his predecessor Brian Niccol left for Starbucks – the company’s strategy, created on Niccol’s watch, isn’t changing.

TGI Fridays filed for Chapter 11 bankruptcy early on Saturday morning just days after shuttering nearly 50 restaurants.

Frisch’s Big Boy is in major financial trouble as more than one-quarter of the Cincinnati, Ohio-based quick-service chain’s locations face imminent closure surrounding multiple lawsuits over unpaid back rent from landlords.  

TGI Fridays’ woes seem to be deepening after reports surfaced Monday that nearly 50 locations abruptly closed within the past week.

Eight Applebee’s locations in and around Kansas City, Kan., have closed, leaving just two left in the market. According to the Kansas City Star, the locations were shuttered abruptly in Kansas City, Kan., Mission, Kan., Overland Park, Kan., Raytown, Mo., Olathe, Kan., Lee’s Summit, Mo., and Leavenworth, Kan. 

Starbucks CEO Brian Niccol is wasting no time in his first few months at the helm, as he makes sweeping changes to bring the Seattle-based coffee chain back to its glory days.

Plus innovation at Baja Fresh, Black Rock Coffee Bar, Bojangles, Chicken Salad Chick, Dog Haus, First Watch, Five Guys, Friendly’s, Gott’s Roadside, Hardee’s, Krystal, Nothing Bundt Cakes, Potbelly, Smoothie King, Taco Bell, and Velvet Taco