Speaking of which, U.S. diners are also getting fed up with paying non-discount prices for what's basically arterial plaque on a plate. The Hudson Institute discovered a direct correlation between the number of healthy items on casual dining menus and the foot traffic at each restaurant.The Institute included restaurants such as Denny's (DENN), Panera Bread (PNRA), Romano's Macaroni Grill, Applebee's, Outback Steakhouse, Chili's, Red Lobster and Olive Garden. Of the 21 chains surveyed, nine increased the number of lower-calorie items sold from 2006 to 2011 and averaged a 5.5% same-store sales increase while increasing foot traffic. The dozen chains that didn't boost their low-cal offerings averaged a 5.5% same-store sales decline.
That also hints at the fact that there are a lot of younger, sexier choices for diners these days. Casual dining is facing increasing pressure from fast-casual establishments such as Panera and
Chipotle Mexican Grill
(CMG) and even from reworked casual dining models such as
Buffalo Wild Wings
(BWLD), whose emphasis on beer, wings, sports and lots of big televisions helped it grow from 340 restaurants in 2008 to 510 last year and boosted its revenue by 6.6% last year alone.
This all brings us back to Aniston. Though not immune to similar pressures, Aniston still has enough star power to turn critically derided films such as 2009's She's Not That Into You and 2010's The Switch into box office successes. At age 44, she's still also drawing enough attention to be featured semi-nude on the cover of GQ and in various states of sweaty undress in ads for SmartWater. Aware of the public's perceptions and demands of her, she's crafted an image that not only reminds fans of Rachel Green, but capitalizes on it by updating the character and keeping her semi-relevant.
When Aniston and Office Space are getting more mileage out of the casual dining's glory days than Red Lobster or Chili's are, something is terribly wrong with the industry. While they don't run Chili's "baby back ribs" commercials or Red Lobster Lobster Fest ads in repeats on TBS or Nick@Nite, it may be worth their parent companies' while to go back, check out some reruns and remind themselves what made their restaurants so palatable to Americans in the first place.-- Written by Jason Notte in Portland, Ore. >To contact the writer of this article, click here: Jason Notte. >To follow the writer on Twitter, go to http://twitter.com/notteham. >To submit a news tip, send an email to: firstname.lastname@example.org.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV