How to tell if a fast food restaurant is in a fast-food hotspot
Posted November 09, 2018 05:13:18 The number of fast food locations in the U.S. increased more than 40 percent in 2018, according to a new report from food and service firm NPD Group.
The company also found that more than a quarter of fast-casual restaurants in the United States were in the process of closing, according the report.
NPD, which tracks restaurants and fast food outlets, says fast food chains like McDonalds, Burger King and Wendy’s have the most fast-paced fast food operations in the country.
But there are also a number of other places that are still operating, including restaurants that are owned by franchisees.
“The number of places that were closing increased by nearly 40 percent over the year, with a substantial portion of those closings occurring in the past 12 months,” the company said in a release.
“Franchisees are still the largest source of employment for fast food workers and are a major driver of economic activity in the fast food industry.
Franchisees, however, have also been hit hard by the recent economic downturn and a string of strikes by fast food employees across the country.”
While it’s not exactly clear where the growth comes from, many restaurants are closing because of a combination of economic uncertainty and stricter safety regulations, such as a no-fly zone.
In the past few months, the number of U.K. restaurants closing in a 24-hour period has skyrocketed, according a report by The Guardian.
The report notes that fast food is a big reason why, since in the UK restaurants are able to take advantage of franchise agreements, which are more expensive than regular restaurants.
According to NPD’s report, a total of 835 locations closed in 2018.
That number includes restaurants like Chipotle, Papa John’s and Subway.
McDonalds also closed a significant number of locations in 2018 after years of expanding its menu.
While the majority of McDonalds locations in U.M. have closed, the company has said it will expand the number to at least 1,000 locations.
McDonald’s spokesperson Alex Hickey told the Guardian that the company is “committed to creating more restaurants, and we will do so in a responsible and sustainable manner.”
While the number and size of U!
fast food closures have been increasing, there is one restaurant in particular that has been doing something very, very different from its competition.
The National Restaurant Association reported last week that the number one restaurant for fast-souled American consumers was Taco Bell, the nation’s largest fast-and-local restaurant chain.
It is owned by Yum Brands, which has also been trying to expand its menu to include some of the country’s more local, family-friendly flavors.
“While we continue to work with Taco Bell to grow our menu to meet customer needs, we have decided to end our relationship with Yum in order to focus on providing food and beverage to our customers at the most affordable price,” a Taco Bell spokesperson told The New York Times.
That’s good news for fast casuals, but bad news for the chain.
Taco Bell is not alone in its decision to close down locations.
Earlier this year, McDonald’s announced plans to shutter a number more locations.
And Taco Bell has already said that it will be “working to open new restaurants” as it moves forward with its plan to expand.
But it is the fast-noodle chain that is likely to suffer the most, the NPD report found.
“NPD found that Taco Bell’s percentage of the total number of new restaurants opened in 2018 was nearly 50 percent,” the report reads.
“In 2018, Taco Bell closed fewer than two-thirds of its restaurants, compared to McDonald’s at around 63 percent.”