Starbucks opened 288 (net) U.S. stores in 2020.
In a year that saw unprecedented chain restaurant closures, many brands still managed to open new stores. Out of Technomic's Top 500 chains, 164 grew their location footprint in 2020 despite the COVID-19 pandemic.
Starbucks led the charge, opening 288 units in 2020, registering a 1.9% uptick in locations from the year prior. Domino’s was close behind, ending with 229 net openings in 2020 (+3.7%). Kung Fu Tea netted 74 store openings in 2020, bringing its total to 292 in the U.S. (+33.9%).
Overall, the chicken menu category achieved the highest number of new unit openings, netting out 269 total new restaurant locations across the Top 500. Led by high-growth chains like Chick-fil-A, Popeyes Louisiana Kitchen and Wingstop, chicken restaurants grew their cumulative location footprint by 1.7% from the year prior.
Technomic is a research and consulting firm producing in-depth research focused on the foodservice industry. The company provides insights into consumer, industry and menu trends in the U.S., Canada and 23 countries around the world.
TECHNOMIC IGNITE COMPANY
Technomic has tracked financial performance and other key details for top restaurant chains for decades. The Ignite Company platform houses profiles on the top 1,500 restaurant chains in the U.S., including locations, menu insights and the impact of Covid-19 on each chain’s performance. The program also houses an interactive industry forecast, showing total foodservice sales by segment down to the market level. Technomic also tracks foodservice sales for noncommercial segments such as education, healthcare and more.