Sponsored By

Restaurants put the brakes on growthRestaurants put the brakes on growth

Chains are slowing growth and cutting units in 2017 amid weak sales and traffic

Jonathan Maze, Editor in Chief

November 11, 2017

12 Slides
Nation's Restaurant News logo in a gray background | Nation's Restaurant News

Already have an account?

After years of seemingly unstoppable growth, the restaurant industry has stepped on the brakes in 2017.

Several chains in their latest earnings calls have said they plan on slowing unit growth or stopping it altogether amid weak same-store sales and traffic, as well as concerns over rising construction and real estate costs.

Many others, meanwhile, are closing units, as those sales and traffic challenges create underperforming locations that lose money and hurt overall profitability.

Here’s a look at the chains that are closing locations or slowing their growth this year or next.

Contact Jonathan Maze at [email protected]

Follow him on Twitter: @jonathanmaze

About the Author

Jonathan Maze

Editor in Chief, Restaurant Business

Subscribe Nation's Restaurant News Newsletters
Get the latest breaking news in the industry, analysis, research, recipes, consumer trends, the latest products and more.

You May Also Like