This year is shaping up to be a rough one for some major players in the restaurant industry. A growing number of chains find themselves facing declining customer visits, dropping sales, store closures, and even bankruptcy in some instances.
In the competitive world of fast food, Chick-fil-A is one of the players to watch in 2024. It reigns as the country's largest chicken chain by sales and the third-largest restaurant chain in the United States overall.
In 2024, few restaurant chains are flourishing quite as fiercely as Wingstop. The chain—known for its multitudes of wing flavors and chicken sandwiches—reported an impressive 21.6% increase in domestic same-store sales in the first quarter of 2024.
Competition is tough among America's biggest sandwich chains, but Jersey Mike's is making impressive strides in the industry nonetheless.
It would be a grand understatement to say that Cava—a fast-casual chain that some have declared a "better version" of Chipotle—has been flourishing in 2024.
Americans, apparently, are very fond of indulging in premium steaks served on sizzling plates in an upscale setting. A chain that offers this very exact dining experience—Ruth's Chris Steak House—has been experiencing a recent surge in popularity.
Whether it's because of the free breadsticks, the create-your-own pasta, or the casual family-friendly atmosphere, customers have been flocking to Olive Garden in droves lately.
The cost of eating at Texas Roadhouse has been steadily ticking up lately, with the steakhouse chain rolling out its third price hike in less than a year this past spring.
After scoring 258 franchise agreements in 2023, Tropical Smoothie Cafe will continue to open new stores and reach more potential new customers.