NYC-based Shack Shack, a publicly listed firm that started as a hot dog cart in Madison Square Park, has been serving gourmet burgers for nearly two decades.
Last year, the burger chain launched 36 domestic and 33 licenced restaurants, concluding 2022 with 436. Shake Shack anticipates 40 additional sites in 2023, including 6 in the first quarter.
The epidemic hurt Burger King. In 2020 and 2021, the Whopper's home shuttered 250 domestic stores and watched its sales plummet compared to competitors.
BK intended to spend $400 billion on rebranding the burger brand, including $150 million for advertising and $250 billion for restaurant technology, cooking equipment, and building upgrades.
Wendy's, famous for its red-headed emblem, had a solid second half of 2022.
Wendy's completed 2018 with nearly $2 billion in revenue, boosted by their new French Toast Sticks in Q3 2022. Wendy's plans growth.
Texas-based Since 1950, Texans have loved Whataburger. BDT Capital Partners of Chicago bought Whataburger from the Dobsons in 2019. The transaction was driven by growth outside the South.
Since 1951, Jack in the Box has served West Coasters. In 2023, the brand announced ambitions to expand into Arkansas and Florida for the first time in over 30 years.
Orlando will have 14 more sites. The U.S. has 2,200 Jack in the Box restaurants, but chief development officer Tim Linderman says there is potential for 6,000.