News Summary

• Fast-casual chains like Chipotle and Cava are pulling away from the rest of the pack.
• The shift reflects a broader K-shaped economy that has upended traditional restaurant wisdom.
• Consumers are either trading down into value-oriented quick-service restaurants or trading up for experiences they believe are worth the money, while the middle gets squeezed.
• The report said consumers are reallocating larger-ticket spending away from traditional shareable formats and toward "healthier, higher-quality customizable fast casual options"