The CEO of Applebee's owner, Dine Brands, told CNBC that the chain offers a better value proposition than its fast-food rivals.
Applebee's diners are buying cheaper items and visiting less often.
But even if it is winning over some fast-food customers, Applebee's sales are still falling.
Applebee's diners are cutting back, tooBut casual dining chains have been raising their prices, too, because of wage and food inflation.
Have you switched from fast food to casual dining chains like Applebee's, Chili's, and Olive Garden?
Persons:
they're, —, John Peyton, Bacon Burger, Applebee's, Burger, Peyton, It's, That's
Organizations:
Dine Brands, CNBC, Service, Dine
Locations:
Applebee's, Olive