Discover and read the best of Twitter Threads about #foodservice
Most recents (1)
1/ Last week I put a thread out about the performance of the Top 1,500 #restaurant chains. Today, our @Technomic much-anticipated top 500 chain report was issued, & it's worth digging a bit into the biggest of the chain market. The details are here:
technomic.com/reports/indust…
technomic.com/reports/indust…
2/ Several years ago, it was a big deal when none of the top 10 #restaurant chains in the US were full-service. This reflected the ongoing strength of #fastfood and #fastcasual.
With 2020's results, none of the top 20 restaurant chains are full service.
With 2020's results, none of the top 20 restaurant chains are full service.
3/ Overall, the top 500 chain #restaurant sales decreased 8.2% in 2020 - not bad during a pandemic. Importantly, those limited service chains in the top 500 only decreaed 1.9% - a pretty good performance during a #pandemic.
