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Photo: Shutterstock. Design: Eat This, Not That!A spate of closures swept the restaurant industry in 2023 as struggling chains shuttered dozens or even hundreds of locations.Using data from the ...
At least 10 restaurant chains, not including multi-unit franchisees, have filed for bankruptcy in 2024. August alone brought three Chapter 11 filings from notable eateries. ... Rubio’s closed 48 ...
Chain of Closure. As of 2023, there are 200,859 fast-food restaurant businesses in the U.S. — a staggering number to compete with. However, financial upheaval in 2020 and 2021, along with the ...
Wendy's has announced plans to close 140 underperforming restaurants by the end of 2024, on top of the 100 it said it would close in May. ... The chain, in fact, has already opened over 500 new ...
However, the coffee shop chain planned to open 300 more stores than it was planning to close, and 40 to 50 of them would offer only curbside pickup or drive-through. In Q3 2021, Starbucks posted a ...
Related: Chain Restaurants That Are Closing Locations ... Like several other closed buffet chains, though, its store count dwindled in recent years as fast-casual dining started to dominate. Sadly ...
Italian restaurant chain Buca di Beppo filed for Chapter 11 bankruptcy in August. This article originally appeared on Austin American-Statesman: Denny's closing 150 restaurants, including 50 ...
Denny's announced this week it is closing more locations than originally planned. Back in October, the diner chain's leadership announced plans to close 150 lower-performing stores by the end of ...