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Editor's Letter

Sarah E. Lockyer

May 27, 2013

3 Min Read
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Growth — it’s something the restaurant industry can’t seem to live with or live without. 

Speedy growth has often led to a boom-and-bust cycle for many chains; slow growth often leads to impatience on Wall Street or with other shareholders. 

The notion of expansion has always been exciting for restaurateurs. Starbucks’ chairman, president and chief executive Howard Schultz grew that brand from four stores in Seattle to nearly 19,000 coffeehouses around the world. Subway was once a lone sandwich shop in Connecticut, but today the company boasts 39,387 restaurants in 102 countries. 

Beyond the behemoths, brands like Smashburger have grown from one unit to 209 locations in just five years. Richard Schaden, chairman of Consumer Capital Partners...

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