Categories: Latest News

Despite the pandemic, Wingstop plans for aggressive development in 2022

Wingstop – the US restaurant chain specialised in chicken wings – is planning to open 200 extra units in 2022. Despite the pandemic, the brand has experienced positive growth with a 12.5% increase vs. prior year in openings for 2021. 

 

Wingstop success is mostly based on its franchising model with over 90% of its total estate franchised and only 36 units company-owned. The company has reported an increase in sales of 20% for 2021 largely driven by digital sales which have come to account to more than 60% of total revenues.

Read more on:

https://www.forbes.com/sites/garystern/2022/02/24/despite-rising-chicken-wing-prices-wingstop-is-on-a-roll/

fb-connect

Recent Posts

Sodexo and Lagardère Travel Retail share financial results; companies benefit from sporting events

Sodexo and Lagardère Travel Retail both achieve year-on-year growth, announced within their respective financial announcements.…

5 months ago

Just Pizza & Pasta set to open first UK mainland store

Just Pizza & Pasta set to open first UK mainland store - based in Manchester.…

5 months ago

EL&N debut in India

EL&N have debuted in India.   The British coffee brand have opened their first store…

5 months ago

Starbucks acquire 113 stores from largest UK franchisee

Starbucks have acquired all 113 sites from their franchise partner, taking their UK Company-owned and…

5 months ago

Sphera Franchise Group announces new brand joins portfolio

The Italian brand, Cioccolatitaliani, have become the newest brand operated by the multi-brand franchisee, Sphera.…

5 months ago

Velvet Taco planning first international store in London

Taco brand, Velvet Taco, have announced plans to open their first international store.   The…

5 months ago