that phrase sounds like an oxmoron doesn’t it: growing in a recession. but that is exactly what several domestic businesses are experiencing. when most people our experiencing shrinking budgets and job opportunities these firms are expanding their outlets.
The biggest winners (restaurant)
1. Chipotle 2. Yoshinoya 3. Panera Bread 4. McDonalds 4. Subway 5. Popeye’s 6. Smashburger 7. Chick-fil-A 8. Arby’s
Honorable mentions go to: Applebees, Jack-in-the-box, Chilis and Ihop
“Of course, many former restaurant-goers are choosing to eat at home, leading to a big boost in the grocery business. While several supermarkets are expanding, the industry leader is 7-Eleven, which plans to open 200 more locations in 2009.”
I think its important to note that this article is about growing in a recession something that defies our own logic but the fact that it is happening is reshaping our definition of what it means to not only survive but thrive even when things around us are looking dreary. it is also interesting to note that an industry wide economic recession was what it took for the nation as a whole to wake up and think about what it means to live within their means and being conscious of their life choices which include family, career, health, education and finance. Thats kind of sad catalyst for growth and reevaluation but a good thing has happened none the less. i know that it has affected the way i think about my money and plan.
read the rest of the article: Fattening up in lean times: Fifteen businesses growing in the recession