Reference: Lists & Rankings: Top 10 Restaurant Chains & Fastest Growing Chains in the U.S., 2014
From Food Business News:
Though the 500 largest brands in the United States drove a 4% increase in cumulative sales growth to an estimated $274.4 billion in 2014, according to a new report from Technomic, Inc., such giants as McDonald’s and Subway reported overall sales declines for the year as focused-menu concepts and emerging fast-casual chains gained ground.
The 500 biggest chains improved their sales growth from a 3.4% increase to a collective $264.4 billion in sales in 2013. These brands also grew overall unit count by 2.2% in 2014 to more than 220,000 locations.
But four of the five leaders struggled during the year. Subway had an estimated sales decline of 2.2%, slipping down the ranking as Starbucks claimed Subway’s previously held No. 2 spot with an 8.2% increase in sales to $12.7 billion for the year. McDonald’s sales fell 1.1%, Wendy’s posted a 0.4% decrease, and Burger King logged a modest gain of 1.6% for the year.
Within the full-service segment, which grew 3.5% to annual sales of $74 billion for the year, steak chains sizzled with a 5.5% increase in sales, led by Texas Roadhouse, LongHorn Steakhouse and Fogo de Chao. The varied menu segment recorded a 4.7% uptick in sales, with help from such wing houses as Buffalo Wild Wings (up 17%), Twin Peaks (45%) and The Tilted Kilt (19%).
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The fastest growing chains by sales percentage were Pieology Pizzeria (230%), PDQ (119%), BurgerFi (111%), Del Frisco’s Grille (58%) and The Habit Burger Grill (46%).
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Direct to Top 10 Chain Restaurants by Sales, 2014
See Also: Additional Data via Technomic
Filed under: Data Files, News
About Gary Price
Gary Price (gprice@gmail.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com.