Thanks for Visiting!

Register for free to get the full story.

Sign Up
Already have a account? Log In

5 Hot Restaurant Brands for 2023

Ezra Carmel
October 18, 2022
5 Hot Restaurant Brands for 2023

This past year has been a particularly interesting year for the restaurant space. Migration trends, new store formats, and fleet expansion during a turbulent economic period have all made for intriguing storylines. We dove into the visit data for five fast food chains and took a look at the foot traffic trends that earn them a spot on our list of Hot Restaurant Brands for 2023.  

Raising Cane’s Chicken Fingers

Founded in Baton Rouge, LA. in 1996, Raising Cane’s is known for chicken finger meals and “Cane’s Sauce” – made daily from a top-secret recipe. The chain boasts more than 600 locations, over 300 of which opened in the last few years. 

Location analytics shows that before the pandemic, Raising Cane’s foot traffic was growing steadily, with year-over-year (YoY) visit growth for Q3 2019 and Q4 2019 up 20.3% and 22.6%, respectively. And since the wider retail reopening last year, the chain is picking up where it left off, with YoY visit growth up 21.8% in Q3 2022. 

In-N-Out Burger 

In-N-Out Burger opened the nation’s first drive-thru in Baldwin, CA in 1948. With 380 locations in 2022, the chain prides itself on fresh ingredients and ensures that its restaurants are no more than a day’s drive from one of its three patty-making facilities. 

The opening of a facility in Dallas in 2011 allowed In-N-Out to expand into Texas and replicate its California following in the Lone Star State. Recent migration trends show more Californians have moved to Texas, and this may account for some of the chain’s impressive year-over-three-year (Yo3Y) visit growth in that market. Since March 2022, In-N-Out in Texas saw Yo3Y visits on par with, or exceeding, visits to the chain as a whole.

Jersey Mike’s Subs

In 1956, Jersey Mike’s Subs debuted in Point Pleasant, NJ. Today, the chain has over 2,000 locations nationwide, which CEO Peter Cancro expects to grow to 3,000 within three years

Jersey Mike’s digital integration with apps like Uber Eats and DoorDash, and a new rewards program unveiled in 2021, have fueled the chain’s YoY foot traffic growth. From March 2022 to September 2022 Jersey Mike’s experienced positive YoY visits and visits per venue nearly every month. These numbers are particularly significant when considering the strong foot traffic of 2021 to which visits in 2022 are being compared. And Jersey Mike’s positive visits per venue indicate that new locations aren’t cannibalizing visits, but rather driving more foot traffic to the overall chain. 

Peter Piper Pizza

Peter Piper Pizza opened its doors in 1973 in Glendale, AZ as a neighborhood pizzeria. In 1980 the chain added arcade games to the family dine-in experience at its restaurants. Today, Peter Piper Pizza has over 120 locations in the U.S. and Mexico, and the company has benefited from the recent increase in “eatertainment” demand alongside other players in the space such as Dave & Buster’s. In 2022, Peter Piper Pizza launched the first Peter Piper Express location to complement their sit-down offering. The new carryout and delivery store format eliminates the arcade and dining areas and aims to meet the growing demand for off-premise sales since the pandemic.

Alongside to-go and delivery sales growth, visit data for Peter Piper Pizza shows that demand for the brick-and-mortar experience at the chain remains strong – which may indicate that happy customers of the new format are fuelling visits to full-service locations. In 2022, monthly visits to the chain remained above the January 2022 visit baseline every month through September 2022. 

American Deli

The first American Deli restaurant opened in Atlanta, GA in 1989. The chain now boasts over 200 locations – mostly in the southern states – and is famous for its lemon pepper chicken wings

Location analytics shows that in the southern-style fast food space, American Deli is becoming a favorite of its customers. In Q3 2020 28.8% of visitors to the chain also visited a Popeyes Louisiana Chicken – a leader in the southern-style QSR category. In Q3 2022 that number dropped to 22.4%, indicating that more diners found that American Deli fulfilled their eating-out needs and opted not to patronize a competitor. 

As we near the end of the year, several fast food brands are on a hot streak when it comes to foot traffic. We’ll be watching closely to see how visitation trends carry these restaurant chains into 2023.

For updates and more data-driven retail insights, visit

Get 3 brand & industry
breakdowns every week

Subscribe to the newsletter

Great! Prepare your inbox for data-driven insights...
Oops! Something went wrong while submitting the form.

Get a Demo

Please enter your first name
Please enter your last name
Please provide a valid email
Please enter your email
Please enter company name

Thanks for reaching out!

One of our experts will be in touch soon

Try Free
Oops! Something went wrong while submitting the form.
Text Link
Raising Cane's
Text Link
Text Link
Jersey Mike's
The Promise of Luxury Apparel
Catching Up With Ulta Beauty & Gap Brands
Ollie’s Bargain Outlet and Five Below: Q1 2024 Treasure Troves
CAVA Still Going Strong
Driving Success: Auto Parts Chains in 2024
Checking in With DICK’S Sporting Goods
Mother’s Day Shopping and Dining Trends Mall Index: April 2024 Recap – Retail Resilience Heading into Spring
Dollar Stores Still Gaining Momentum
Off-Price Apparel Chains After Q1 2024: Demographics in the Balance
Walmart, Target, and Wholesale Clubs Continue to Thrive
Home Improvement and Decor Check In Office Index: April 2024 Recap – Recovery Continues
Movie Theaters in Q1 2024: A Preview of Coming Attractions?
Let’s Get Physical: Fitness In 2024
Where Are Workers Returning to Office in 2024?
2024 Wins: Sweetgreen & First Watch on the Rise
A Full-Service Turnaround: Bloomin’, Dine, and Texas Roadhouse
Wendy’s and Denny’s: Breakfast and Late Night Dining Drives Success
Coffee Chains: Q1 2024 Update and What’s Changed Since COVID
Checking in with RBI and YUM!
Chipotle & McDonald's Serving Up Success
Wingstop & Shake Shack Continue Growing Their Reach 
Strong Start for Sprouts in 2024
Crocs’ Footwear Fairytale
Who Attends NCAA Final Four Events?
Eclipse Fever: How Did the (Retail and Hospitality) Stars Align?
Exploring Albertsons Companies’ Grocery Growth Mall Index: March 2024 Recap – Malls Rise Again Office Index: March 2024 Recap
Florida Spring Break Break-Up? Travelers Still Love Florida!
Provo-Orem and Ogden-Clearfield Emerging As Utah Hotspots 
Three Formulas for Experiential Retail in 2024
Aldi & Lidl Making The Cut
Texas Suburbs on the Rise
Exploring Luxury Hotel Brands’ Guest Segmentation
The St. Patrick’s Day Effect
How Can JOANN Make a Comeback?
Panera Bread Well Positioned for Possible IPO
Who Will Benefit From Family Dollar’s Downsizing?
Dave & Buster’s and Main Event Entertainment: Food and Fun for Everyone
Darden Brands: Location Analytics and Consumer Behavior
Nike and lululemon: a Strong 2023, Sprinting into 2024
Where Is Retail and Dining Foot Traffic Thriving in Early 2024? White Paper Recap – February 2024
Three Retail & Dining Chains That May Surprise in 2024
Specialty Discount Chains Rock Retail Therapy Mall Index: February 2024 Office Index: February 2024 Recap
Ulta Beauty Continues To Shine
First Watch Sails Into 2024
Hibbett Sports and DICK’S Sporting Goods: A Psychographic Analysis
Checking in With Discount & Dollar Stores
Peeking Behind The Curtain: Movie Theaters in 2023 and Beyond
Diving Into Brick-and-Mortar Eyewear
Getting Into Gear: Exploring The Auto Part Industry
Recapping Valentine’s Day 2024 Foot Traffic Trends
Fitness: A Strong Start to 2024
Dutch Bros. Continues To Percolate Visits
Super Bowl 2024:’s Postgame Foot Traffic Analysis
CAVA & sweetgreen Are On the Rise
Hats Off For Off-Price
Who Is Shopping at Malls?
Drilling Down Into Home Improvement
Walmart, Target, Costco & Superstore Space 2023 Recap
Catching Up With Shake Shack and Wingstop
Something To Chew On: Demographic Shifts at Steakhouse Chains Office Index: Looking Back at 2023
Recapping RBI & Yum! Brands’ 2023 Foot Traffic Performance White Paper Recap – January 2024
Who Shops at Anthropologie and Urban Outfitters?
Three Taco Chains to Watch in 2024
Starbucks and Dunkin’: 2023 in Four Data Points
Who Visits CVS and Walgreens?
Fashionably Frugal: Apparel in 2023
Catching Up With Fast Food
The Grocery Sector in 2023: An End-of-Year Recap
3 Mall & Shopping Center Trends for 2024
Bakery Chains Rising To The Top and Esri Partner to Deliver Geospatial Analytics
Tampa Tourism Trends
Going For The Green: The Changing Dynamics Of Country Clubs
Christmas Day Dining Recap
Major Urban Shopping Districts – Holiday Season Recap Office Index: December 2023 Recap
Recapping the 2023 Holiday Shopping Season White Paper Recap – December 2023
7 Retail & Dining Segments to Watch in 2024
Diving Into Holiday Season Favorites
Super Saturday and Christmas Eve Eve: A Winning Combination
3 Budget Grocery Chains Finishing 2023 On a High Note
Making It In America: International Chicken Chains Bring The Heat
Domestic Tourism at a Glance: A Q3 2023 Roundup
Five Pizza Chains On The Rise
Jewelry Brands Taking Advantage of the DTC Opportunity
Secondhand News: Kids' Thrift Shops
Recapping 2023’s Dining M&As
MetLife Stadium Kicks Off Football Season Office Index: November 2023 Recap
Small Coffee Chains Brewing Big Success