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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 ...
Applebee’s is shrinking. While Dine Brands added a net 33 IHOP restaurants domestically in 2023, the company closed 46 Applebee’s locations and only opened 10 new ones, according to the ...
Eight Applebee’s locations have closed suddenly in the Kansas City area, leaving just two left in the metro. Only the locations at 1100 NW Highway 7 in Blue Springs and 6069 NE Antioch Road in ...
Bath & Body Works announced the closure of 50 US stores and one Canadian store, along with the opening of 26 new stores, in May 2020 due to sales slumping amidst the COVID-19 pandemic. [ 35 ] Barneys New York filed for bankruptcy on August 6, 2019. 15 of 22 stores closed, including Barneys flagship stores in Las Vegas, Chicago, and Seattle in ...
From 2012 to 2016, Applebee's aired an advertising campaign focusing on fresh ingredients and new dishes, narrated by Jason Sudeikis, featuring the slogan "See you tomorrow." [28] In 2012, Applebee's partnered with the country group Zac Brown Band on a Veteran's Day-themed "Thank You Movement" campaign to honor members of the U.S. military. [29]
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It has closed hundreds of Applebee's locations since 2017, including 46 in 2023. Peyton also noted on the earnings call that customers continued to pull back on their spending last year.
That’s the sharpest jump since retailers in the U.S. shuttered almost 10,000 stores in 2020, the year when the Covid pandemic began. ... Retailers have already announced 1,925 store closures so ...