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Consumer habits

Americans love a good steak — and a good deal

by Samantha Fields
Dec 19, 2024
Darden's same-store sales have been up at most of its more casual restaurants. But same-store sales at its finer-dining restaurants were down.
Diners have been trading down from fine dining to casual, experts say, opting for a $30 steak at LongHorn, for example, instead of a $60 steak at The Capital Grille.
Scott Olson/Getty Images
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Why it feels like so many restaurants are declaring bankruptcy

by Sabri Ben-Achour
Dec 3, 2024
Restaurant foot traffic has declined in the U.S. by 3%-3.5%. And expenses are way up.
More than a dozen restaurant chains have declared bankruptcy this year.
Angela Weiss/AFP via Getty Images
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Does lipstick still have economic staying power?

by Stephanie Hughes
Aug 19, 2024
Historically, when the economy gets rough, sales of lipstick go up. But for luxury beauty brands, that may not still be the case.
Luxury skincare and makeup was doing well a couple years ago. But now, with the price of everything up, consumers are reassessing what counts as a "little luxury" purchase.
Larry French/Getty Images for NYX Professional Makeup
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