Search results
Results from the WOW.Com Content Network
Applebee's Restaurants LLC. is an American company that develops, franchises, and operates the Applebee's Neighborhood Grill + Bar restaurant chain. The Applebee's concept focuses on casual dining , with mainstream American dishes such as salads, chicken, burgers, and " riblets " (Applebee's signature dish).
Julia A. Stewart (born August 4, 1955) is an American businesswoman and former chief executive of DineEquity, Inc., now known as Dine Brands Global Inc., a publicly traded food and beverage company based in Pasadena, California. On February 18, 2017, Nation’s Restaurant News reported “Applebee’s sales decline pushes out Julia Stewart”. [1]
On July 16, 2007, IHOP Corporation announced a plan to acquire the bar-and-grill chain Applebee's in an all-cash transaction, valued at approximately US$2.1 billion. [10] In the arrangement, Applebee's stock holders would receive $25.50 a share. [10] IHOP stated it would franchise most of Applebee's 500 company-owned facilities.
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 ...
The CEO of Dine Brands — which owns Applebee's and IHOP — is tired of reports that millennials are killing sit-down, casual, and family dining chains.
Joyce previously told Business Insider that typical IHOP and Applebee's customers have a household income of between $70,000 and $75,000. These people, Joyce says, are looking for both a deal and ...
[5] On June 5, 2023, SSCP Management Inc., which is the owner of Cicis Pizza and Roy's, and a franchisor of Applebee's and Sonic Drive-In, won a bankruptcy auction bid to acquire Corner Bakery Cafe for nearly $15 million. [6] In 2024, Corner Bakery Cafe reported that its average unit sales have surged in recent months, increasing by around ...
Sales at US Applebee’s locations open at least a year slumped 4.6% in the first quarter. In that period, customers who earn $50,000 a year or less visited less often, and spent less when they ...