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CBC News

The rise of restaurant groups

CBC News · Just In
CBC News
CBC News
Just In

Most people love checking out that trendy new restaurant in the city, but some might not realize what seems like an independent spot could actually be part of a much bigger group. CBC's Paula Duhatschek breaks down why more companies are moving toward a new model of restaurants.

Breakdown
  • Restaurant groups own multiple unique venues, not just chains 8s
  • Concord Entertainment Group operates over a dozen Calgary restaurants 28s
  • Industry struggles post-pandemic; groups benefit from scale 1m 10s
  • Groups gain buying power, staff retention, and trend adaptation 1m 35s
  • Large groups risk venues feeling similar, but offer customer familiarity 2m 16s