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“I’ll add that these closures, these closures aren’t a sign of struggling franchisees. ... According to a May 8 press release, Applebee’s year-over-year domestic comparable same-restaurant ...
The two companies both shared store closure announcements this week, with JCPenney expected to close a "handful" by mid-2025 and Joann to shutter roughly 500 locations. The retailers join other ...
In fact, it has already tracked more than 2,000 planned closures this year thanks to late 2024 and early 2025 announcements from brands like Party City, Big Lots, Kohl’s and Macy’s.
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Moralejo added that the closures appear to be made because of “financial circumstances.” ... Last year, Applebee’s locations in Lenexa at 12242 W. 95th St. (near Oak Park Mall) and Shawnee ...
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