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We adhere to structured guidelines for sourcing information and linking to other resources, including medical journals and scientific studies. If you have any concerns about the accuracy or timeliness of our content, please reach out to our editors by e-mailingin the growing fast-casual sector, a category of restaurants that straddles the line between fast-food and sit-down dining. However, new data shows that Chipotle is beating its bakery-café chain rival when it comes to one key measure: sales.
About a decade ago, Panera was the bigger player in the fast-casual sphere. In 2019, it became the first fast-casual brand to earn a spot in the top 10 of industry research firm Technomic's annual Top 500 Chain Restaurant Report, perChipotle has seen a whopping 79% jump in sales since 2019, while Panera's sales have increased a comparatively low 6.8% in the same time period, the magazine reported.
One final factor that could help explain the difference in the trajectories between the two chains is growth. Chipotle opened about 150 new restaurants in 2020 while Panera pulled back on expansion, according to the magazine. In a newthis month, the foot traffic platform Placer.ai attributed Chipotle's continued store growth, in part, to a"strong" increase in customer visits over the past year.
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Source: EatThisNotThat - 🏆 294. / 63 Read more »
Source: EatThisNotThat - 🏆 294. / 63 Read more »