bnguyen@insider.com (Britney Nguyen) / Insider: Tech
Applebees and IHOP are gaining wealthier consumers, but losing lower-income ones – The CEO of the company that owns the restaurants said wealthier customers are coming because of the restaurants well-known value position.Applebees.Applebees. Scott Olson/Getty Images Applebees and IHOP are gaining wealthier consumers whose dining-out habits are being impacted by inflation. Dine Brands, which owns both restaurant chains, saw sales among higher-income …
