Tag: wealthier
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IHOP, Applebee’s witnessing wealthier clientele dining at restaurants
Applebee’s and IHOP are seeing wealthier customers coming to their restaurants. The two chain restaurants saw sales from households earning more than $75,000 grow about 6-8% during its second quarter, according to CNN. Both restaurants are owned by Dine Brands. The network also reported that households earning under $50,000 had declined a few percentage points…