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Category: Fast Casual News

Teriyaki Madness Mobile App: Eatery Pulse
Honeygrow Chinatown: Eatery Pulse

Fast-casual Honeygrow expands in MidAtlantic Region

Fast casual restaurants in the Washington, D.C. area continue to grow, as Philadelphia-based Honeygrow expands further in the MidAtlantic region. Honeygrow, which focuses on new and different stir-fry combinations, has 32 locations open across 10 states, currently—with 18 of those stores now open in the MidAtlantic. Stores in D.C. area include Chinatown, Reston, Pentagon City, and Rockville.

Fast-casuals like Wahlburgers are rapidly rising: Eatery Pulse, photo: Wahlburgers

Opportunities abound for fast casuals, despite slowing growth: Report

According to its 2018 Top 250 Fast-Casual Chain Restaurant Report, total sales growth for the top restaurant chains in the segment was just 9 percent in 2017. In 2015, Technomic reported fast casual chain restaurants were growing sales at a 11.5-percent clip. Also unit growth rate in 2015 was 9.8 percent, but in 2017, growth was just 6.1 percent...As U.S. saturation nears, chains have opportunities in underdeveloped markets, including Australia, Mexico, Saudi Arabia, Spain.