The negative publicity caused by the struggle of Applebee’s has changed how investors view the sector.
Millennials have disrupted the office sector with their preferences for open collaborative environments, but they are also disrupting the world of restaurants with their preferences for healthy food and more home delivery. As a result, investors in the net lease casual dining sector have grown a bit more cautious, and the most sought-after brands are the ones that have adjusted to the times.
More info at GlobeSt:
Casual Dining Making Millennial-Focused Adjustments