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Knicks 2026 title team pulls away as franchise’s best as all-time debate opens up

NY Post
4 days 10 hours ago
Who ya got?
Mike Vaccaro

Vicious rattlesnake goes berserk after child spots it in preschool playhouse

NY Post
4 days 11 hours ago
As California grapples with what experts are calling a historically unprecedented spike in rattlesnake incidents and fatalities, a quick-thinking preschooler in the Santa Clarita Valley may have helped prevent another tragedy after spotting a venomous snake inside a playground structure.
Daniel Farr

Israelis slam proposed US-Iran peace deal as a ‘Bad Deal,’ say it fails to address security concerns

NY Post
4 days 11 hours ago
The frustration was summed up in the main headline of the Israeli newspaper Yediot Aharonot on Sunday, describing the agreement as a “bad deal."
Zoe Hussain

Beckham family hits back at claims Harper’s visit to Brooklyn’s house was staged: report

NY Post
4 days 11 hours ago
Photos obtained exclusively by Page Six showed Harper briefly stopping by her estranged brother's home on Friday.
mliss1578

Beckham family hits back at claims Harper’s visit to Brooklyn’s house was staged: report

NY Post
4 days 11 hours ago
Photos obtained exclusively by Page Six showed Harper briefly stopping by her estranged brother's home on Friday.
BreAnna Bell

Malik Tillman’s success in new World Cup role could provide spark USMNT needs

NY Post
4 days 11 hours ago
The midfield trio was the engine for what might have been the best U.S. national team performance ever at a World Cup.
Brian Lewis

Please inform the ‘Elsbeth’ writers of my undeserved kindnesses

NY Post
4 days 11 hours ago
I am not one to complain. I read letters addressed to me as “Dear Stupid.” But comes now CBS-TV’s successful TV series “Elsbeth.” Central in it is a snotty smarmy gossip columnist — admittedly based on me.
Cindy Adams

Jalen Brunson refuses to gloat against longtime Knicks doubters after statement championship win

NY Post
4 days 11 hours ago
Brunson became the first Knicks player to score 40 points in a NBA Finals game.
Zach Braziller

Joe Biden and Xavier Becerra winked at massive child-trafficking

NY Post
4 days 11 hours ago
A quarter-million children simply disappeared because the Bidenites made no real provision for keeping track of them — with Xavier Becerra a chief culprit
Post Editorial Board

Jalen Brunson did more for Knicks than the championship alone — and it’s worthy of MSG statue

NY Post
4 days 11 hours ago
The Knicks were a laughingstock before Brunson arrived.
Stefan Bondy

Spencer ‘Pratt Pack’ uncovers disturbing new mystery on Skid Row

NY Post
4 days 11 hours ago
A Spencer Pratt volunteer team made a startling discovery in Skid Row on Sunday: Ballots were everywhere, but almost nobody claimed they actually voted.
Jamie Paige

Knicks’ other miracle: Uniting NYC in joy

NY Post
4 days 12 hours ago
No mobs intent on hate and division, but ecstatic crowds celebrating their team and their town.
Post Editorial Board

Jeffries, black leaders back Espaillat, rebuffing Mamdani-backed candidate

NY Post
4 days 12 hours ago
"We are fully and squarely behind [Rep. Adriano Espaillat], and we are going to make sure we do everything we can to ensure he is re-elected," said House Democratic Leader Hakeem Jeffries.
Carl Campanile

Sisters, including one 9 months pregnant, allegedly stabbed and hurled hot oil at Detroit restaurant worker over wrong order

NY Post
4 days 12 hours ago
One of the sisters even proclaimed, "I'm going to kill you," during the vile assault.
Zoe Hussain

A message for the Iranian soccer team: You deserve freedom

NY Post
4 days 12 hours ago
Iran’s soccer team is arriving in LA to play its first match of the World Cup against New Zealand. It is a rare moment, a lull in war that might evoke memories of the Christmas truce of 1914. Back then, in the first winter of the First World War, German and British soldiers on opposing...
CA Post Editorial Board

UBS Checks With Major Restaurant Franchisees Reveal Troubling Consumer Trends

Zero Rss
4 days 12 hours ago
UBS Checks With Major Restaurant Franchisees Reveal Troubling Consumer Trends

In a continuation of our note on the health of America's restaurant industry, we cite UBS analyst Dennis Geiger for a second straight week, as his coverage of the consumer and restaurant sectors has been spot on. Sentiment toward chain eateries remains "generally cautious," with macro pressures, elevated gas prices, and weak demand among lower-income consumers continuing to weigh on traffic and sales trends.

Last week, Geiger warned, "Challenged traffic and sales trends likely reflect depressed consumer sentiment across several cohorts, elevated gas prices, and other macro headwinds. We are more cautious on restaurant industry trends heading into 2H26, assuming near-term headwinds persist, rebate check benefits fade, and the risk that gas prices stay elevated."

Adding more color to the still-difficult backdrop across the restaurant industry, Geiger and his team held discussions with management teams from several leading restaurant brands to gain deeper insight into evolving consumer spending trends:

Brand & franchisee discussions highlight performance pressured by macroeconomic factors

Our latest discussions with several brands / mgmt teams and select franchisees highlight macro headwinds and elevated gas prices that continue to weigh on industry results. Select brands more exposed to lower income consumers continue to face sales pressures, with our recent discussions with Wingstop and McDonald's franchisees highlighting the current challenges:

1. Wingstop franchisees noted continued negative sss & traffic performance, highlighting multiple potential factors, including: i) ongoing macro pressures impacting key customer cohorts; ii) challenges of lapping robust sales growth in past years, including key sales initiatives such as delivery and marketing growth & expansion into sports; iii) potential customer chicken category fatigue given focus on chicken by most QSR peers as beef costs remain elevated; iv) cannibalization in select highly penetrated markets, particularly via the delivery channel; v) broader QSR value / promo activity; and vi) potentially less social media buzz recently than in years past. However, expectations are that trends should benefit from the world cup in June & July and potentially inflect positive later this year or in early '27. Franchisees noted opportunities exist to enhance the current marketing strategy to increase the brand's relevance and improve messaging surrounding Smart Kitchen and the ability to increase speed / throughput without sacrificing food quality. Additionally, value remains an important focus, with opportunities to promote and highlight value. That said, franchisees indicated still elevated demand to open new stores given returns that remain attractive, without material margin concerns.

2. McDonald's franchisees highlighted choppy performance thus far in 2Q, largely reflecting difficult April comparisons and given the current macro environment, with gas prices having a particularly negative impact on consumer demand among a core lower income cohort. Operators noted challenging macro conditions could continue, while comparisons are difficult in 2H. Despite pressures, our discussions suggest franchisees remain optimistic about the outlook for the brand and sales trends as gas prices eventually ease, with several drivers that could help lift sss including: i) recent launch of specialty beverages, including dirty sodas & refreshers which is driving avg check higher, with energy expected in Aug and other menu innovation coming (ie snack wraps news; new sandwich event around chicken); ii) strong marketing / campaigns (ie world cup meal w/ collectibles off to a solid start; Home Alone meal expected in 4Q); iii) compelling value platforms, with the Under $3 Menu and $4 Breakfast Meal Deal expected to gain guest count traction over the coming quarters; and iv) solid gains from digital / delivery & the loyalty platform. Additionally, franchisees noted an increased brand emphasis on utilizing technology & being more digital forward while also improving hospitality. Strategic plans from the Worldwide Convention appear to be focused on the right areas to drive longer-term traffic and sales share gains.

Three Important Facts About the Space

1. Restaurant inflation down slightly in May; Grocery pricing gap grew modestly

Total food inflation was down slightly for the broader food complex in May (3.1% vs. 3.2% April) per gov't data, w/ food away-from-home (FAFH) inflation down slightly m/m at 3.5% (vs. 3.6% in April) while food at-home (FAH) price inflation also decreased to 2.7% (vs. 3.0% in April). May restaurant price inflation remained above grocery (~80 bps), w/ the gap increasing from April (~60 bps). Limited service pricing was 3.3% in May (~flat vs April), while full-service was 3.8% (~flat vs April). We expect restaurant pricing to continue to ease modestly over the coming quarters as higher pricing levels roll off.

2. Value differs by age cohort; Rising prices pressuring restaurant traffic

Recent Technomic industry insights highlighted several industry themes, including: i) value differs by age cohort w/ the Baby Boomer & Gen X consumer more focused on quick service & high quality items, while younger customers also weigh other factors including brand identity, digital convenience, and social values. ii) Rising prices are likely still impacting restaurant industry traffic, with 83% of surveyed consumers noticing higher purchase prices & 63% cooking more at home as a result. Over the NTM, 45% of respondents plan to visit restaurants less, while 38% are actively looking for promotional offers.

3. Expect greater impacts from GLP-1s drugs on restaurants over time

UBS Consumer hosted another call with Michael Yee, UBS Global Head of Biotechnology Research, that highlighted his ~$133BN global GLP-1 market forecast by '30. Total obesity patients treated by GLP-1 in the US are projected to grow from ~5MM in '25 (or 1% of population) to >10MM by '30 (or ~5% of adult population), with upside to the forecasts from new drugs and potentially better convenience and fewer side effects. Specifically, the recently launched GLP-1 oral pills could grow to ~20% of the total GLP- 1 market longer-term. That said, the oral pills are not expected to be game changing near-term in the US due to lower efficacy than injectables. Affordability and accessibility of the drug should improve w/ better insurance coverage (including via Medicare and Medicaid) and lower cash pay costs. Currently, ~50% of GLP-1 users stop taking the drug after 1 yr given the high costs, however as it becomes more affordable, the length of use should extend longer. Key implications for the restaurants sector include: 1) reduced dining out frequency, with the impact likely increasing over time as drug adoption grows, 2) alcohol mix continues to decline for full-service restaurants, 3) a shift in consumer preference towards healthier food options and smaller portion, and 4) lower overall calorie intake even from GLP-1 users with the same restaurant visit frequency. Replay details and slides available upon request.

OpenTable Reservations Data by State

Food Away From Home inflation > Food At Home inflation

With the national average gasoline price exceeding the politically sensitive $4-per-gallon level for 10 weeks, consumers, mainly working-class ones, are in a real financial pinch as the tax-refund sugar is waning (read note). 

Professional subscribers can read more about the consumer at our new Marketdesk.ai portal. 

Tyler Durden Sun, 06/14/2026 - 19:15
Tyler Durden

USMNT has massive opening to breed fandom for the future — and they know it

NY Post
4 days 12 hours ago
The 1994 World Cup gave much of the country its introduction to soccer. But this 2026 World Cup could spark a love affair.
Brian Lewis

Mamdani-backed pol who blasted men for ‘fetishizing ugly colonizer women’ also claimed US is worse than Hamas

NY Post
4 days 12 hours ago
Darializa Avila Chevalier attended a rally after Oct. 7 that was so extreme, even fellow lefty DSA Rep. Alexandria Ocasio-Cortez said she was “appalled and horrified” by the hate fest.
Carl Campanile

UFC calls for Freedom 250 delay due to looming thunderstorms

NY Post
4 days 12 hours ago
Everyone complains about the weather, and the only thing the UFC could do about it on Sunday night was submit to it.
Scott Fontana

Secret plot ahead of Iran’s World Cup blockbuster at SoFi Stadium – as FIFA forced to step in

NY Post
4 days 12 hours ago
Tensions are escalating across California ahead of Iran’s World Cup opener at SoFi Stadium, with protests outside stadiums, a legal fight over flags and heightened security. At the center of controversy is a plan by some in the Iranian-American community to bring the historic Lion and Sun banner into the game. It comes as a...
Daniel Farr

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