Here’s How to Play the Casual Dining Death Spiral

by Greg Guenthner
Daily Reckoning

America is on another health kick…

The Food Marketing Institute’s 2015 report of U.S. grocery shopper trends indicates that more than 35% of surveyed consumers sought out food with labels that include the following descriptors: whole grains, low sodium, low sugar, and no trans-fat.

So it’s no shock when that casual dining restaurants and more traditional dining options are dropping like flies. Consumers are no longer gorging on all-you-can eat fried appetizer samplers. Now there are simply too many restaurant chains—and not enough eager customers to keep them all in the black.

“The U.S. is having one of its biggest restaurant shakeouts in years, as an oversupply of eateries and new rivals offering prepared meals to go claim what is expected to be a growing number of casualties,” The Wall Street Journal reports.

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