Quick service restaurants' revenue, margin under stress; recovery seems distant: Report
The Franchising World|March - April 2024
The rising popularity of food aggregators has hurt dine-in sales of quick service restaurants QSR) and has also fragmented delivery sales
Quick service restaurants' revenue, margin under stress; recovery seems distant: Report

With the exponential growth of food delivery apps like Zomato and Swiggy, quick-service restaurant operators are finding the going tough with both their revenue and margin coming under severe stress while road to recovery is longer than estimated, says a report. The report by French brokerage BNP Paribas stated that the rising popularity of food aggregators has hurt dine-in sales of quick service restaurants (QSR) and has also fragmented delivery sales.

This story is from the March - April 2024 edition of The Franchising World.

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This story is from the March - April 2024 edition of The Franchising World.

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