While some restaurant chains are closing underperforming stores, others are doing the exact opposite. Several major brands have announced ambitious expansion plans, betting that consumer demand remains strong despite economic uncertainty.
Jersey Mike’s continues rapid growth
Jersey Mike’s Subs has become one of the fastest-growing restaurant chains in the country. The sandwich chain continues to add hundreds of new locations each year and now has more than 3,000 restaurants open or in development. Company leaders say there’s still significant room for expansion both in the U.S. and internationally.
Chipotle has thousands of restaurants in its sights
Chipotle Mexican Grill has one of the restaurant industry’s most aggressive growth strategies. The company has repeatedly said it believes North America can support as many as 7,000 restaurants—nearly double its current footprint. New locations featuring “Chipotlane” drive-thru pickup lanes remain a major focus.
Raising Cane’s is adding restaurants at a rapid pace
Raising Cane’s continues expanding across the country after years of strong sales growth. The chicken chain plans to open around 100 new restaurants annually as it enters new markets and builds on its growing customer base.
Dutch Bros keeps opening new markets
Drive-thru coffee chain Dutch Bros has announced long-term plans to grow to more than 7,000 locations nationwide. The company continues opening stores across both existing and new markets, making it one of the fastest-growing beverage chains in the country.
Growth remains a priority
Although restaurant traffic has softened for some brands, companies with strong customer loyalty and successful franchise models continue investing heavily in expansion. Their growth plans suggest many executives remain optimistic about the long-term outlook for the restaurant industry—even as weaker competitors reduce their footprints.
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