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Photo: Shutterstock. Design: Eat This, Not That!A spate of closures swept the restaurant industry in 2023 as struggling chains shuttered dozens or even hundreds of locations.Using data from the ...
The Waffle House Index is a metric named after the ubiquitous Southern US restaurant chain Waffle House known for its 24-hour, 365-day service. [1] Since this restaurant always remains open (except in extreme circumstances), it has given rise to an informal but useful metric to determine the severity of a storm and the likely scale of ...
Waffle House has experienced weather based closures dating back to Hurricane Katrina in 2005, which destroyed seven restaurants and temporarily closed down 100 before they reopened.
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 ...
Specialty Restaurant Group; Steak and Ale; Steve's Ice Cream; Sweet Tomatoes – Founded in San Diego in 1978 and operated as Souplantation in California. Closed all locations temporarily in March 2020 due to the COVID-19 pandemic, but announced in May 2020 that the closure was permanent. One location reopened under new ownership in April 2024 ...
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 chain has also expanded into other Midwestern markets with locations in Wisconsin, Minnesota, North Dakota, Missouri, and Illinois along with their home-state of Iowa. The Happy Joe's location on Gilbert Street in Iowa City, Iowa was destroyed by a tornado on April 13, 2006, part of the Easter Week 2006 Tornado Outbreak Sequence. [5]
Since the pandemic struck in early 2020, the outlook for many restaurants has been bleak, if not devastating. More than 110,000 U.S. restaurants have closed their doors permanently, according to ...