Search results
Results from the WOW.Com Content Network
Dine Brands Global Inc. is a publicly traded food and beverage company based in Pasadena, California. Founded in 1958 as IHOP, it operates franchised and corporate owned full-service restaurants including three restaurant concepts, Applebee's Neighborhood Grill & Bar, International House of Pancakes (IHOP), and Fuzzy's Taco Shop.
Applebee's Restaurants LLC. is an American company that develops, franchises, and operates the Applebee's Neighborhood Grill + Bar restaurant chain. The Applebee's concept focuses on casual dining , with mainstream American dishes such as salads, chicken, burgers, and " riblets " (Applebee's signature dish).
Bloomin' Brands, Inc. is a restaurant holding company that owns several American casual dining restaurant chains. The company was established in 1988 in Tampa, Florida , where it is headquartered. [ 2 ]
Applebee’s is shrinking. While Dine Brands added a net 33 IHOP restaurants domestically in 2023, the company closed 46 Applebee’s locations and only opened 10 new ones, according to the ...
Its sister brand, IHOP, is expected to close 30 to 40 locations. Applebee's closed 99 locations in 2017 and 46 locations in 2016. IHOP closed 23 locations last year and 16 the year before.
The CEO of Dine Brands — which owns Applebee's and IHOP — is tired of reports that millennials are killing sit-down, casual, and family dining chains.
On July 16, 2007, IHOP Corporation announced a plan to acquire the bar-and-grill chain Applebee's in an all-cash transaction, valued at approximately US$2.1 billion. [10] In the arrangement, Applebee's stock holders would receive $25.50 a share. [10] IHOP stated it would franchise most of Applebee's 500 company-owned facilities.
In 2017, Applebee’s closed more than 100 restaurants across the country. Dine Brands CFO Vance Yuwen Chang said during the earnings call that the restaurant chain had net domestic closings of 33 ...