Day: May 27, 2026
Economic data points to a two-sided economy
The economy performed worse than expected in the first quarter and disposable personal income fell last month. Much of the spending these
Red Robin to sell 30 locations for $23.5M in refranchising push
The restaurants in Washington and Idaho will go to Evergreen Dining, an experienced operator of various brands.
The plant-based fad is officially over
The Bottom Line: The unfortunate shutdown of Clover Food Lab shows that U.S. consumers have moved on to other things, as they typically do.
Clover Food Lab shuts down as the plant-based meat trend fades
The 11-unit Massachusetts-based chain, which had been looking for a buyer, is closing its locations on Thursday, two years after it emerged

