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The chain saw its sales begin to decline in 2017, filed for Chapter 11 bankruptcy in 2020, and has been closing restaurants ever since, Restaurant Business Magazine reported. Rubio's is now down ...
The French fashion house closed the location back in 2019 as it underwent renovations. The updated space will include ateliers, a cafe, and a gallery.
TGI Fridays isn't alone either — other restaurant chains that have recently filed for bankruptcy include Red Lobster, Ruby Tuesday's, and Sbarro. Though many are hoping for a rebound with ...
A restaurant that is to-go only due to laws created to stop the spread of the coronavirus. In March 2020, restaurants' daily traffic dropped precipitously as the virus spread, compared to the same period in 2019. [25] According to NPR's Yuki Noguchi, "Just about every restaurant nationwide has been hit hard at once, making this disaster unique."
Amid the coronavirus pandemic, restaurants like Steak 'n Shake and Ruby Tuesday have permanently closed locations, and others are at risk. See if your favorites are on the list.
For example, a 2021 analysis from food service trade publication Nation’s Restaurant News found more than 10% of U.S. restaurants closed for good since the pandemic began in March 2020. That’s ...
At least 50 of Denny's lowest performing restaurants will close by the end of 2024, the company said, while 100 other restaurants will be shuttered next year to increase Denny's overall cash flow.
The closings were first re porte d by National Restaurant News, which said about one-third of all brand-name restaurant chains ended 2023 with fewer locations than they started with. Eating out in ...