Rationalization and closures at American Burger King
By 2022, the number of Burger King’s American stores, which will become the 4th largest restaurant chain in the world, decreased by 124 units between last year and March of this year.
According to data released in October 2022, Burger King had more than 19,000 units, of which 7,100 were operating in the US – a net decrease of 124 means that more stores closed than opened. can be considered an average figure, but according to CEO Josh Kobza, in 2023 the chain could reach 300-400 gross store closures in the United States. However, the turnover of Burger King stores and the profitability of franchise operators improved slightly, with the group’s US sales increasing by 8.1%.
Related news
(HU) Közel 5%-os forgalombővülést ért el tavaly a SPAR Magyarország
Sorry, this entry is only available in HU.
Read more >The new BURGER KING® restaurant opened in the Pólus Center
BURGER KING® has expanded its domestic network with a new…
Read more >Privát and Privát Max stores join CBA
A significant milestone in the history of CBA: Kerekes Kft.…
Read more >Related news
International quotation system – a more transparent event planning market
MaReSz proposes the introduction of an international quotation system for…
Read more >Overtourism in Europe: water cannon protests in Barcelona, bans in Budapest
Short-term rentals, hordes of tourists and overburdened infrastructure are straining…
Read more >Invitation to the XIV. Saint Stephen’s Day Bread Competition of the Hungarian Bakers’ Association
The Hungarian Bakers’ Association has officially launched the 14th annual…
Read more >