MRM Research Roundup: QSR Reputations, Menu Price Rises, and Alcohol Out, Cannabis In
QSR industry shows resilience despite economic challenges. Foodservice spend reached $357.3B, projected to grow to $385B by 2028. Notable QSR reputation rankings led by Hardee’s, focusing on food quality. Menu prices rise due to inflation, labor costs, and tariffs, affecting holiday dining costs. Entrepreneurs face high initial costs in hospitality, loans averaging $185.7K. Shifts noted in dining and beverage preferences, with declines in alcohol sales and growth in cannabis-infused drinks. Online reputation crucial as AI impacts consumer research behavior. Youth favor convenience and value in dining choices, leading brands prioritizing those aspects to perform better.









