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Beverage-Snack brands find strength in technologyBeverage-Snack brands find strength in technology

This is part of the Nation’s Restaurant News annual Top 100 report, a proprietary ranking of the foodservice industry’s largest restaurant chains and parent companies.

Fern Glazer

June 28, 2016

3 Min Read
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The Beverage-Snack segment is largely comprised of traditional food and beverage items — coffee, doughnuts and ice cream — but it continues to be strong due at least in part to a focus on technology and innovation. 

The aggregate U.S. systemwide sales of the Beverage-Snack segment increased by 11.1 percent to nearly $26 billion in the Latest Year, as the segment’s chains grew their sales at an average rate of 7.7 percent. 

Starbucks fueled much of that growth with a combination of impressive unit performance and new openings. The coffee powerhouse left its Beverage-Snack competition in the dust, increasing estimated sales per unit, or ESPU, by 9.2 percent in the Latest Year. Starbucks also grew units by nearly 5 percent, adding 582 outlets...

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About the Author

Fern Glazer

Fern Glazer is a writer, editor and content expert, and a founder and partner of Little Warrior Agency. A long-time contributor to Nation’s Restaurant News and Restaurant Hospitality, Fern specializes in covering consumer dining behavior and food trends.

 

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