Chains eye expansion amid uptick in consumer spending, demand

Signaling a possible new era of restaurant growth — driven by a slight loosening of tight consumer spending and belief there is a pent-up demand for dining out — some operators are looking to open more restaurants than they close and jump overseas when U.S. plans mature. 

The positivity comes after two consecutive years of negative unit openings for the industry, some massive chain closures and little expansion for even those brands deemed growth chains. 

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Contact: Desiree Torres [email protected]

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