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Cava, Chipotle and other fast-casual restaurant chains are finally hit by consumer slowdown

120d ago
Business
CNBC
Corporate environment
Fast-casual restaurant chains, including Cava and Chipotle, are beginning to experience a slowdown in consumer spending. These chains had previously outperformed the broader restaurant industry, but recent data indicates they are now facing similar challenges related to decreased customer traffic and spending. This shift suggests a broader economic trend impacting even previously resilient sectors.
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