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In 2014, Elephant Bar filed for bankruptcy and closed 16 restaurants. [6] In 2017, Elephant Bar closed a number of sites with no explanation. In March 2018, Gen3 Hospitality purchased the Elephant Bar chain out of bankruptcy. [7] By 2021, there was only one remaining location in Albuquerque, New Mexico, which has now closed as of April 2023.
Ruby Tuesday is one of them, and news that they are continuing to shutter locations was recently released.The chain started the year with 470 locations, but sales dropped when the pandemic hit.
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But since then, Quiznos has been on a downward spiral, closing a whopping 4,700 U.S. locations over a decade. By 2017, the sandwich chain was down to a mere 400 locations — a 90% loss.
The company plans to close its lower volume restaurants, which could include Kentucky. Kentucky Denny's restaurant locations, stores There are nine Denny's locations in Kentucky , according to the ...
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Dunn added that closing underperforming restaurants would strengthen Denny's position for the long term as the company plans to open higher volume restaurants elsewhere. Walgreens closings ...