Technomic: Fast Casual Chains Continue to Lead the Industry



In 2007, fast-casual chains recorded a 13.3% sales growth and 9.5% unit growth, compared with 5.3% sales growth and 2.6% unit growth for the limited-service segment, and 5% sales growth and 2.6% unit growth for the restaurant industry.

Technomic reasoned that fast-casual restaurants provide consumers with fast service and fresh, high-quality food in upscale settings. The Top 100 chains totaled $14.8 billion in sales, accounting for most of the $16 to $17 billion the entire fast-casual industry grossed in 2007, an industry that demonstrates solid performance and diversity across several menu categories, the locally-based researcher said.

The menu category and share of market within the Top 100 are:

  • Other sandwich

    Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

    Multimedia

    Exclusive Content

    Financing

    Burger King proves that heavy discounts aren’t always necessary

    The Bottom Line: The fast-food chain generated a strong first quarter, despite a tough environment, largely by focusing on its operations and its food.

    Beverage

    As cocktails hit $30-plus, consumers are opting to drink less—or stay home

    Rising costs are pushing prices up at the bar, and consumers are pre-gaming to cut costs. Can restaurants and bars win them back with a more engaging experience?

    Marketing

    Raising a toast to the Mother’s Day traffic rush

    Marketing Bites: The holiday is traditionally the busiest day of the year for restaurants, and the industry could use the bump.

    Trending

    More from our partners