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Over the last several years, Applebee's has faced numerous closures, shuttering around 300 restaurants since 2017. Last year, the chain closed 46 locations, and this year, Applebee's is bidding ...
The once-popular chain is close to bankruptcy. ... TGI Fridays has closed 50 locations this year, according to Restaurant Business, and this month alone, restaurants in Charlotte, ...
The chain had 6,011 American restaurants in operation as of the end of last quarter. Looking ahead, Wendy’s plans to ramp up its expansion efforts and projects that its restaurant count will ...
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 ...
Here are the 10 notable restaurant chains that filed for bankruptcy protection in 2024: Roti Mediterranean fast-casual chain Roti filed for Chapter 11 bankruptcy protection on Aug. 23.
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]
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 ...
RELATED: 10 Restaurant Chains Closing Locations In 2024. 8. Denny's. Shutterstock. This breakfast chain got a little bit smaller in 2023, ... which would bring around 18 new restaurants this year.