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Texas Roadhouse, Olive Garden, and other casual chains benefit from independent restaurant closures of the last year

1 month ago   |   By Business Insider

Irene Jiang / Business Insider
Casual restaurant chain sales are booming well above 2019 levels.
More than 10% of all US restaurants closed since the beginning of the pandemic, many independent.
An analyst says the restaurant closures benefitted large chains.
A major slice of the restaurant industry closed permanently in 2020 as a result of the COVID-19 pandemic and dining room closures, and it's led to an unexpected boost for casual dining chains like Texas Roadhouse, Olive Garden, and The Cheesecake Factory. Official counts vary, but experts agree that at least 10% of all US restaurants...
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