Operations

Operations

5 foreign restaurant brands that could be your next domestic competitor

A walk down the restaurant rows of major overseas cities will confirm that foodservice brands are a leading American export. But the flow is hardly one way. Here are five chains that U.S. operators should keep an eye on.

Operations

Take a look at this new Pizza Hut in China

Yum China unveiled a new-look restaurant in Shanghai that looks nothing like the pizza chain you’re used to.

The top 100 independent restaurants brought in combined food and beverage revenue of $1.8 billion in 2017, with an average check of $72.48. Still, they vary greatly in size and price point. They even differ greatly in age, with No. 5 Old Ebbitt Grill open since 1856 and the newest Junior’s location open for less than a full year in 2017.

The company and some of its vendors are funding a refresh expected to be complete by next summer.