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The chain saw its sales begin to decline in 2017, filed for Chapter 11 bankruptcy in 2020, and has been closing restaurants ever since, Restaurant Business Magazine reported. Rubio's is now down ...
PORTLAND, Ore. – Oregon’s favorite family-style restaurant chain is shutting its doors as the company closes every location in the state, according to the Oregon Lottery.Shari’s restaurants ...
KFC has joined the growing list of restaurant chains closing locations in 2024. ... KFC is just one of many fast-food chains to recently shut the doors of multiple locations.
TGI Fridays isn't alone either — other restaurant chains that have recently filed for bankruptcy include Red Lobster, Ruby Tuesday's, and Sbarro. Though many are hoping for a rebound with ...
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 November 2009, restaurants closed in St. Cloud, and Rochester, Minnesota. As a result of the closings, a judge levied a $3.57 million judgment against Timber Lodge for not fulfilling its leases. The Fargo, North Dakota, location closed its doors on July 24, 2010. The Sioux Falls, South Dakota, location also closed late July 2010. [5] [4]
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 ...
Wimpy Grills – founded in Bloomington, Indiana, in 1934; eventually grew to 25 locations within the United States and 1,500 outside of the U.S.; its international locations were eventually sold to J. Lyons and Co. in the United Kingdom, which remains open while all of the American locations eventually closed by 1978 [14] [15] [16] [17]