These 20 chains dominate the fast-food industry - Business Insider

According to data compiled by Technomic and

, the top 20 chains in the US — in terms of 2019 sales — were responsible for three-fourths of the industry's total sales growth last year. in the country by looking at financial filings by public companies, surveying direct operators, and examining franchise disclosure documents. It also made use of a proprietary valuation algorithm.

The data was collected during 2019, and obviously, 2020 has brought about significant changes for the restaurant industry. Generally, large fast-food chains have fared better than independent restaurants, thanks, in part, to existing tech and infrastructure like apps for online ordering and drive-thrus, which were permitted to remain open even as dining rooms were ordered closed.

Woah!! Revenue of Mcdonalds was almost equal to bottom 10 in the list. And we are talking about Top20 here.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

There are 6 reasons why Goldman Sachs sees the market dropping nearly 20% in 3 months'A single catalyst may not spark a pullback, but a number of concerns and risks exist that we believe, and our client discussions confirm, investors are downplaying,' a strategist said. Pro because too many ppl not believe in institutions anymore like cnbc coming twitter take attencion and ask for paying ? to read rest any kind of media must be paid by advertisers $120 a month to cables is ridiculous and now pay for read social media Pro I m bearish 😱 Pro Oh jeez. Goldman called a bottom a few weeks ago. Please stop. So tired of what Goldman thinks.
Source: CNBC - 🏆 12. / 72 Read more »