Asian chains, like many other casual dining concepts, had a tough 2020. Here are the biggest concepts in the sector according to Technomic.
| 2021 Rank | Chain Name | 2020 US Sales ($000,000) | 2020 US Units |
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The Bottom Line: Unemployment among younger Americans has soared, as have student loan delinquency rates, while average rent keeps going up. No wonder restaurant traffic is awful.
The industry is in the midst of a great rewards overhaul. Here’s what’s behind it, and why change might just be the new normal for loyalty.
The Bottom Line: Publicly traded companies often spend their extra cash to buy back shares. But franchisors of struggling chains might be better off investing that cash in the restaurants.