Reported by Axios fast casual restaurants as they're known are establishments that are not full-blown dine-in experiences, but more of a hybrid between traditional fast food and sit down restaurants. Those like Chipotle and Wingstop, for example, are facing a significant slowdown in business as consumers, especially cash strapp Gen Zers grow weary of the economy and become even more price sensitive as a result. What's significant about this? Well, fast casual restaurants typically have more insulation from a downturn because they target higher income customers than traditional fast food. Rising unemployment and lower discretionary spending is forcing consumers into even more scrutiny over their spending these days.

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