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IPFS News Link • Business/ Commerce

Chipotle And Domino's Customers Begin Cutting Back On Delivery Orders

• https://www.zerohedge.com by Tyler Durden

 Last week, McDonald's CEO noted that customers were starting to resist higher burger prices. Now, Chipotle Mexican Grill and Domino's Pizza have reported that consumers are ditching delivery services due to high fees, opting instead for carryout to save on costs, as reported by Bloomberg

Chipotle said delivery sales declined for the first quarter, while similar trends were reported at Domino's. Chief Financial Officer Sandeep Reddy of the pizza restaurant chain with thousands of stores nationwide told analysts last week that carryout was "strong," but "the delivery business remains more pressured."

Restaurant data provider Black Box Intelligence said delivery sales across all the eateries it tracks only advanced 2.1% in the first quarter from a year ago. This is the fourth consecutive quarter of slowing growth. Consumers are starting to notice higher food costs plus delivery fees, in addition to tips, have made delivery too expensive. As a recession looms, consumers retreat: 


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