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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 ...
After raising prices by about 10% in 2023, the chain has faced a mountain of social media backlash over the cost of Egg McMuffins, ... 10 Restaurant Chains Closing Locations In 2024. 8. Denny's.
Restaurant Business reported that the chain has been shedding locations for years and noted that it operated as many as 95 restaurants in 2013. Last year, the chain's sales dropped by 4.7% ...
The chain, best known for never closing its doors, is also making a major concession with its franchisees over the requirement of remaining open 24/7. ... Higher labor and food costs have also led ...
Italian restaurant chain Buca di Beppo filed for Chapter 11 bankruptcy in August. ... Denny's closing 150 restaurants, including 50 before end of 2024. Show comments. Advertisement.
Signs on door of a Graeter's ice cream parlor in the Hyde Park neighborhood of Cincinnati during government-mandated closings. The COVID-19 pandemic impacted the United States restaurant industry via government closures, resulting in layoffs of workers and loss of income for restaurants and owners and threatening the survival of independent restaurants as a category.
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 ...
RELATED: 16 Restaurant Chains Closing Locations In 2024. On Monday, the Peoria Journal Star reported that the fast-food chain has closed all five of its restaurants in the Peoria area. These were ...