Big news from the leadership of the company that owns Burger King........
In the next eight to 10 years, Restaurant Brands International (RBI) plans to surpass 40,000 locations globally, increasing its store count by 55% in a move to become one of the world’s largest restaurant companies.
- The parent company of Burger King, Popeyes Louisiana Kitchen and Tim Hortons, RBI had 25,809 locations open as of March 31.
- McDonald’s is nearly at 40,000 stores already, with 37,971 open at the end of the first quarter.
- Yum Brands is nearing 50,000 locations with the global expansion of Taco Bell, KFC and Pizza Hut.
Toronto-based RBI opened 1,300 locations last year, the equivalent of a new store every seven hours. More than 900 of those openings were new international Burger King locations; 260 were in China and Russia.
To reach its goal of 40,000 stores in the next decade, it would need to add roughly 1,400 stores annually.
(https://www.cnbc.com/2019/05/15/burger-kings-parent-plans-to-surpass-40000-stores-in-the-next-decade.html)
My opinion: Central Illinois has plenty of Burger King spots. I'm perfectly OK with RBI opening their 14,000+ additional locations elsewhere.
Grace & Peace & Love to you all -
Matt