(http://static3.businessinsider.com/image/508030316bb3f72e1a000010/sad-ronald-mcdonald.jpg)
QuoteSandwich and burger chains have lost some of their dominance over the past couple of decades amid the emergence of casual-dining restaurants, and then fast-casual and coffee concepts, according to the latest Chain Restaurant Industry Review from GE Capital, Franchise Finance.
In 1990, the first year GE published its annual look at the restaurant industry, sandwich chains — of which it includes burger concepts like McDonald's and Burger King — represented nearly two-thirds, or 63.5 percent, of the top 25 restaurant chains.
By 2014, that percentage had fallen to 54.5 percent, as the chains' growth stagnated and concepts like Starbucks, Chipotle Mexican Grill and Buffalo Wild Wings have grown.
Full article: http://nrn.com/corporate-news/report-burger-sandwich-chains-lose-market-share?page=1
Funny. For the record, McDonald's was the parent company that founded Chipotle.
Actually, Chipotle was founded by Steve Ells, in Denver in 1993. In 1998, McDonald's made its first investment in the company, and by 2001 it was a majority shareholder. They sold their stake in 2006.
Thank you for that update/correction. My mother in law made some $$ off the stock.
Relating news concerning Mcdonald's.
http://www.cnbc.com/id/102769563