As the coronavirus permanently shutters some small businesses, big fast food brands like Domino’s Pizza, Chipotle and Wendy’s that were doing well before the crisis want to grow — or continue preexisting expansion plans after the pandemic subsides.
Starbucks Corp and McDonald’s Corp could also be among those that grow, according to Neuberger Berman analyst Kevin McCarthy.
There is precedent for fast food expansion in the face of crisis. In 2010, Burger King was able to grow its brand in Western Europe at the tail end of the financial crisis.
Read the full Reuters report here.
