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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.
The following retailers have all either closed or announced plans to close large numbers of retail locations, since 2010, during a time period labelled a "retail apocalypse" by media, accelerated by both the increase in online shopping and then by the economic impact of the COVID-19 pandemic.
All 13 locations closed permanently in late 2020, with company officials attributing the decision to rising food and operational costs even once restaurants had reopened from their initial COVID ...
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 ...
By late July, nearly 16,000 restaurants had permanently closed. [1] Restaurant closures started March 15 when Ohio Governor Mike DeWine ordered all bars and restaurants in the state to close their dining rooms and bars; within a week most other states followed suit. By March 23, industry experts were estimating nearly half of the industry's 15 ...
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 ...
A recent court filing shows that the company is rejecting the leases of an additional 23 locations by Saturday, August 31, joining the more than 100 restaurants that Red Lobster closed earlier ...
What: The chain record and book store closed after weeks of heavily discounted sales. At the end, the store dumped thousands of books into trash containers, causing community outrage online.