News
Chick-fil-A continues growth — with cash
April 27, 2009
The Gazette (Colorado Springs, Colo.): Dan T. Cathy, Chick-fil-A president and chief operating officer, said that the chain is continuing growth slowly and conservatively. The company plans to open 64 new stores this year without the need of bank loans. Its growth, however, is impacted by stalled retail development.
The chain's mall-based stores have seen a 5 percent decline in business, but its stand-alone stores are making up for it with a 5 percent growth.
Related Media
Subscribe
Get the latest news and resources from QSR Web.
