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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 ...
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 ...
As of September, the chain operates 7,166 locations — 6,010 in the U.S. and 1,156 internationally. For more great restaurant coverage, please sign up for our free newsletters . This article was ...
The chain lost at least 15 restaurants between late 2019 and September 2020, according to Restaurant Business. Related: The Most Cringe-Worthy Commercials of All Time Ron W./yelp.com
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.
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 ...
This is a list of the largest fast-food restaurant chains by their number of locations in the world. Country of origin Name Number of locations Revenue 1 China
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.