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The 2024 Technomic Top 500 Chain Restaurant Report is out. Check out the annual ranking of the 500 largest restaurant chains in the U.S. by

Dec 18, 2024 · There's no such thing as a slow year in restaurant technology. But 2024 in particular gave us a lot to think about. Some trends took off like a rocket, like AI and kiosks, while others, like dynamic pricing, came to a screeching halt.

The Top 500 Chain Restaurant Report is a measure of the largest restaurant concepts by U.S. systemwide sales, based on results from the 2019 calendar year. Relevant information is accrued using a combination of public company financial filings, direct operator surveying, franchise disclosure documents and proprietary valuation algorithms.

Dec 18, 2024 · Bankruptcies. Mass closures. Activist investors. These were a few of the unfortunate trends that defined the full-service restaurant sector in 2024 as operators battled shifting consumer habits and pandemic aftershocks.

From award-winning restaurant industry news and in-depth special reports to original news analysis you can’t get anywhere else, the RB+ subscription provides you with the business intelligence you need for growth and success. Subscribe now. The Bottom Line: Data from Technomic shows that the drive ...

Apr 17, 2023 · Restaurant chains picked up the pace of development in 2022 despite a host of inflation and labor challenges, which along with rising menu prices helped drive sales 8.2% higher last year, according to the 2023 Technomic Top 500 Chain Restaurant Report. Collective sales for the 500 largest chain restaurants were $392.8 billion according to the report, which ranks chains based on total U.S ...

Technomic’s annual ranking of the country’s 500 biggest restaurant chains reveals some winners, losers and plenty of surprises. Read on for the full Top 500 list (the first time we’ve published it in its entirety) as well as in-depth coverage of every industry segment.

Jun 4, 2024 · It was overall a good year for fast casual concepts in 2023, despite growing fears about the more challenging macroeconomic climate. These top brands, however, cater to a higher-income consumer, who in 2023 was less inclined to push back on inflationary menu price hikes that contributed to these sales increases.

Jul 26, 2024 · Consumers can’t get enough Texas Roadhouse. Same-store sales at the casual-dining steakhouse chain increased 9.3% year over year in the second quarter on 4.5% traffic growth and a 4.8% increase in average check.