Chain restaurants are out. Restaurant groups are in

Image for article Chain restaurants are out. Restaurant groups are in
News Source : CBC News

News Summary

  • The business model of a restaurant "group" has been around for years.
  • But experts say these groups are becoming bigger players as the industry struggles post-pandemic.
  • Being big, they say, offers better buying power and a barrier against risk.
  • But some say that past a certain scale, the trend can still involve a certain amount of homogenization, where even seemingly standalone restaurants start to look and taste a little bit the same.
  • The extent of the growth of the restaurant group model is difficult to pin down.
Picture this you walk into a new, buzzy, chefdriven restaurant. Its the only one of its kind, and by all appearances, it looks like an independent spot.But dig a little deeper and it turns out th [+7499 chars]

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