Domino’s opened the most stores in 2022: report
Subway still has the largest network of stores in Australia.
Domino’s opened 34 stores in 2022 increasing its network to 754 stores, the brand with the most opened stores amongst fast food and QSR brands in Australia, a report by cloud-based data intelligence platform GapMaps revealed.
The focus of Domino’s growth has been within growth areas of major cities, as well as in cities with less than 20,000 residents. McDonald’s had the second highest growth followed by Sushi Hub, the report said.
In its 2022 Annual Fast Food & Quick Service Restaurant (QSR) Retail Network Report, GapMaps tracked 29 brands in more than 6,870 locations across Australia.
The report shows 301 store openings in 2022, with 21 brands showing positive net store growth in 2022. That is an increase from the 188 store openings observed in the year prior.
Subway maintains the largest network with a total of 1,229 stores despite more closures than openings (a net change in the year of -1). Relatively high average store sales combined with the second largest store network, McDonald’s has the highest total network sales, with coffee and breakfast driving additional store sales that other brands (with the exception of Hungry Jacks and more recently Gusman Y Gomez) do not provide.
Meanwhile, the brand with the highest net growth in percentage terms across 2022 was Patty Smiths, opening 15 stores to increase its total store count to 37 stores, an increase of 41%. Betty’s Burgers and Taco Bell also had major growth, with all three brands focused on the major metropolitan areas.
In terms of the highest growth city, was Melbourne with 41 new store openings across the 29 brands tracked. Sydney recorded 28 and Perth and Adelaide 27 respectively. The growth was both from the seven largest brands and from the 22 medium and smaller brands tracked.
“This store activity in Melbourne may be attributed to limited growth or temporary closures observed across COVID-19. But it is also reflective of rapid population growth within Melbourne’s growth areas,” Scott Johnson, senior analyst at GapMaps said.
“Undoubtedly, we have seen a thriving QSR sector which despite the pandemic saw strong sales (takeaway food spending has grown by 15% over the past three years) and in the last three months of 2022 saw 76 new store openings versus 20 store closures,” Johnson added
"Our report provides valuable insights into the changing competitive landscape in the fast food and QSR sector as brands continue to adjust their network strategies on account of population movements and demographic shifts."
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To request a copy of the latest report email at GapMaps to [email protected].
