How Wingstop, Wendy's, and other fast-food giants plan to profit from pandemic-related real estate opportunities
Published
Nov 05 2020 at 7:04 PM GMT
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- Fast-food chains are preparing to gobble up restaurants across America, as the pandemic provides real estate opportunities in the wake of independent restaurants' closures.
- Wingstop CEO Charlie Morrison said that the chain anticipated opening 135 to 140 net new restaurants this year, up from the company's earlier prediction of 95.
- According to the executive, "everything is lining up for a solid year" for development in 2021.
- "Definitely, the real estate market is favorable for Wingsto.
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- Published Nov 5, 2020 7:04 PM GMT