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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 ...
Many closures are the result of already-struggling companies reaching their breaking points and declaring bankruptcy
Midlands fans of Red Lobster’s endless shrimp and Cheddar Bay biscuits now have one less location to visit. Red Lobster, the long-running national seafood restaurant chain, has closed its ...
Howard Johnson's was the largest restaurant chain in the U.S. throughout the 1960s and 1970s, with more than 1,000 combined company-owned and franchised outlets. [2] Today, the chain is defunct—after dwindling down to one location, the last Howard Johnson's restaurant (in Lake George, New York) closed in 2022 due to the COVID-19 pandemic. [3]
The Abby Z flagship store opened in SoHo, New York at 57 Greene Street in 2008 and closed in 2009 [46] when its parent company filed for bankruptcy. [47] Anchor Blue – youth-oriented mall chain, founded in 1972 as Miller's Outpost. The brand had 150 stores at its peak, predominantly on the West Coast.
"The 29-story flagship store, located at 1206 Woodward in downtown Detroit, was the worlds tallest department store throughout most of the 20th century, with 706 fitting rooms, 68 elevators, 51 display windows, five restaurants, a fine-art gallery, and a wine department."* [203] [202] Hughes & Hatcher, later Hughes, Hatcher & Sufferin.
A five-day strike by Starbucks baristas had closed 59 stores as of Monday afternoon, according to the union organizing the workers. The strike, which began Friday in Los Angeles, Chicago and ...
Bose shut down all of its 119 retail stores in 2020 in order to follow a "dramatic shift" to online shopping only. [79] Carter's announced the closure of at least 200 stores in an earnings call in October 2020; the children's apparel chain planned to close about 80% of its locations by 2022. [80]