Every restaurant chain wants to beat Chick-fil-A, but it's stronger than ever
Publishing timestamp: 2023-12-21 07:00:01
Summary
Chick-fil-A has become the third-largest restaurant chain in the U.S. by sales and is the target of other fast-food chains looking to take its place. Despite having fewer locations than some competitors, Chick-fil-A has a strong hold on the chicken fast-food category and continues to see high sales volumes. McDonald's, the largest restaurant chain, has not been able to match Chick-fil-A's success. Chicken consumption is projected to increase, and other chains are trying to capitalize on the popularity of chicken. Chick-fil-A's rivals are looking to expand and take down the chain, but Chick-fil-A remains on top with a growing market share. The chain is also looking to expand internationally, although previous attempts have faced protests.
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Keywords: retail industry, united states, lifestyle, business news, fast food restaurant operators, wingstop inc, mcdonald's corp, breaking news: business, restaurants, wendys co, restaurant brands international inc, business,
Source: https://www.cnbc.com/2023/12/21/chick-fil-a-stronger-than-ever-amid-more-competition.html