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Tech Tracker: How digital tech is capitalizing on the hot restaurant reservations market
Tock and Google now offer experience reservations; Diibs launches as a platform for bidding on last-minute reservations
Get to know this diverse group of growing brands
The 2017 Next 20 restaurant brands — a broad range of concepts and a mix of both established and developing brands — exhibit strong growth trajectories in both number of units and in systemwide sales. The brands, whose annual U.S. sales are below the $166.9 million needed to qualify for the annual Top 100 and Second 100 lists, nonetheless paint a picture of a diverse group of growing concepts to keep an eye on.
Even in the highly competitive foodservice economy, this year’s Next 20 brands grew their aggregate sales with a year-over-year percentage increase of 16.8 percent, rising in the Latest Year to $1.3 billion from $1.1 billion in the Preceding Year.
The group’s aggregate unit growth was also demonstrably significant for these 20 conce...
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