The new restaurant in your neighborhood may look familiar.
Chains owned by publicly traded restaurant companies accounted for half of the top 10 fastest-growing retail brands in the United States last year, according to a new survey. scream report.
review site cry The list was compiled using a blend of metrics including net new job openings, search volume on the platform from 2022 to 2023, and consumer interest measured by page views, posted photos and written reviews. Of the 50 fastest-growing chains in the Yelp report, 35 are restaurant brands.
jack in the box, first time viewing and dutch brothers is one of the public restaurant chains included in the report, but they did not make the top ten.Listed retailers include Levi Strauss, Nordstrom and costco.
According to Yelp research, here are the 10 fastest-growing brands:
1. Cava
CAVA’s initial public offering on the New York Stock Exchange on June 14, 2023.
Source: New York Stock Exchange
This Mediterranean fast-casual chain It raised nearly $318 million through an IPO 10 months ago. Cava said in a regulatory filing that it plans to use proceeds from the offering to open new stores and for general corporate purposes. The company opened a net 30 new stores in the second half of 2023 and plans to open at least 48 this year.
2. Scooter Coffee
Scooter’s Coffee’s mascot circles the warning track during a game between the Pacific Coast League Omaha Storm Chasers and Memphis Redbirds at Werner Park in Omaha, Nebraska on April 26, 2019 .
Zachary Lucy | Four Seam Images | via AP
The Midwestern coffee chain was founded in Nebraska in 1998 but only recently began aggressively expanding through franchise stores. Its standard, drive-thru-only location is only 664 square feet. The restaurant’s smaller size means lower operating costs and faster construction, helping the chain and its franchisees quickly accelerate growth.
According to Yelp, Scooter’s net new store openings jumped 53% from 2022 to 2023, the largest increase of any restaurant brand on the list.
3. Longhorn Steakhouse
Customers leave the LongHorn Steakhouse restaurant on June 22, 2023 in Skokie, Illinois.
Scott Olson | Getty Images
this Darden Restaurant As of the end of Darden’s fiscal year 2023, the steakhouses had more than 560 stores across the country. The casual dining chain’s sales have been above the restaurant industry average since the pandemic began, in part due to strong growth in its takeout business.
Parent company Darden plans to open at least 50 new stores across all its brands in fiscal 2024.
4. Get used to burger grills
Source: Habit Burger Grill
when Yum Brands The California-based burger chain, which Yum acquired in 2020, has a footprint of fewer than 280 restaurants, dwarfed by Yum’s other chains: Pizza Hut, Taco Bell and KFC. But since the deal closed, Yum has been accelerating Habit Burger Grill’s growth. As of the end of 2023, the chain had 378 stores on the East and West coasts.
5. Doll
Wawa store recruitment sign in Bethany Beach, Delaware.
Stephanie Du | CNBC
While Wawa is a chain of convenience stores and gas stations, its loyal fans may know it better for its cheesesteaks and sandwiches. The chain has been expanding beyond its Philadelphia stronghold into new markets along the Atlantic coast.Was also opening The location of the drive-thru further encroaches on the restaurant’s territory.
6. Popeye’s Louisiana Kitchen
Tim Hortons owner buys Popeyes Louisiana Kitchen. The parent company of Tim Hortons and Burger King said it would pay $1.8 billion in cash to acquire the Popeyes chain. (Randy Rislin/Toronto Star via Getty Images)
Randy Rislin | Toronto Star | Getty Images
this International restaurant brand The chain’s famous chicken sandwich has helped drive growth at new restaurants in the U.S. and beyond. Restaurant Brands executives have previously said that higher Popeyes sales encourage franchisees to open more locations and prompt new operators to join the brand.
In 2023, Popeyes surpassed KFC to become the second-most popular chicken chain by sales in the U.S., behind Chick-fil-A.
7. Freddy’s Frozen Custard and Steakburgers
Freddy’s Frozen Custards and Steakburgers are made fresh and made to order in Lansing, Kansas.
Michael Siluk | Underground CG | Universal Image Group | Getty Images
Private equity firm Thompson Street Capital Partners acquired the Midwestern fast-food chain in 2021 for an undisclosed amount. Under new ownership, Freddy’s has accelerated its pace of growth, opening restaurants in new locations such as airports and signing new franchisees. Last year, the burger restaurant opened 62 new stores, setting a new development record for the chain, bringing the total number of stores to more than 500.
8. Assembly House
Rally House staff wait in a closed store after the Super Bowl game between the Kansas City Chiefs and Tampa Bay Buccaneers on February 7, 2021 in Kansas City, Missouri.
Kyle Rivas | Getty Images
Rally House is the only apparel retailer to appear in the top ten of the Yelp report. The store, which sells team gear and athletic apparel for professional and college teams, has been setting new opening records of its own. In August, it opened seven locations in one weekend. While its footprint is primarily focused in the Midwest, its stores now stretch from Pennsylvania to Arizona.
9. Olive Garden
A sign is seen at the Olive Garden restaurant location on June 22, 2023 in Lincolnwood, Illinois.
Scott Olson | Getty Images
This Italian-style chain store is Darden Restaurant“The investment portfolio accounts for nearly half of the company’s overall revenue. It is also a rare casual dining chain, adding approximately 20 new restaurants in fiscal 2023.
10. Jersey Mike’s Substitute
A sign is posted in front of a Jersey Mike’s Subs store on April 5, 2024, in Petaluma, California.
Justin Sullivan | Getty Images
Jersey Mike’s is the second-largest sandwich chain in the United States, with the most stores behind Subway. It currently has a footprint of 2,700 restaurants, but is growing rapidly. Despite its name and origins, most of its restaurants are now located in California, Texas and Florida.
The privately held sandwich chain is also reportedly looking for a buyer wall street journal Reported last week. Blackstone Group’s interest in Jersey Mike’s has reportedly cooled, but a new owner could further accelerate the chain’s development.
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