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Business News›Industry›Cons. Products›Food›Domino's, KFC, McDonalds plan to expand aggressively this year, open multiple new outlets

Domino's, KFC, McDonalds plan to expand aggressively this year, open multiple new outlets

Domino's, KFC, McDonalds plan to expand aggressively this year, open multiple new outlets
Domino's, KFC, McDonalds plan to expand aggressively this year, open multiple new outlets

Synopsis

As consumers became wary of sit-in restaurants, QSRs were supplemented and buoyed by deliveries and takeaways, and most players in the segment have so far recouped 80-100% of their pre-pandemic business. Now, they are trying to capitalise on the recovery to push further growth.

NEW DELHI: After a Covid-induced lull which saw large-scale shutdowns, quick service restaurants (QSRs) are now aggressively expanding, riding on a recovery that has been the quickest within the otherwise beleaguered broader restaurant industry.Domino’s, KFC, McDonald’s, Pizza Hut and Burger King among others are collectively planning to launch scores of outlets this year, people familiar with the matter said.As consumers became wary of sit-in
BY
ET Bureau
3 mins read
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