President Donald Trump said he was firing Federal Reserve governor Lisa Cook "effective immediately," alleging sufficient reason to believe Cook made false statements on mortgage agreements. Cook said Trump has no authority to fire her and she will not resign. Fast-casual chains built around bowls of vegetables, grains, and proteins have generated mounting customer complaints about warm, oddly combined salads, tiny portions, and high prices. Value-conscious consumers are shifting to restaurants that offer a fuller sit-down experience and perceived better value. Casual-dining chains like Chili's are benefiting as some fast-casual brands lose foot traffic. Additional market and tech narratives include retail advertising impacts on apparel stocks, AI-driven dynamics in Hollywood, and concerns about overvalued lab-backed businesses.
They've been dubbed "slop bowls," those mounds of vegetables, grains, and a protein or two. They were all the rage in the 2010s. Now, they could be why some fast casual chains are losing out, BI's Emily Stewart writes. The complaints are piling up: warm, weird salads; ingredients combined in the wrong way; portions so small, customers are filming employees just to try and get more food. And for the privilege? A price tag that makes you want to hurl.
"Value is front of mind for nearly every consumer right now, and I think these restaurants just don't have a sharp enough value proposition," says Zak Stambor, a senior retail and e-commerce analyst at EMARKETER. So consumers appear to be going elsewhere, to places where, if they're spending that kind of money, they can sit down and get a better experience. Places that feel more affordable, more satisfying. Places like Chili's.
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