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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 ...
All 13 locations closed permanently in late 2020, with company officials attributing the decision to rising food and operational costs even once restaurants had reopened from their initial COVID ...
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In May 2020, JCPenney announced plans to close 175 locations in 2020 and 2021. Those stores span 38 states; the company says 670 stores remain in the U.S. and Puerto Rico.
The US restaurant industry was projected at $899 billion (~$1.04 trillion in 2023) in sales for 2020 by the National Restaurant Association, the main trade association for the industry in the United States. [2] [3] An estimated 99 percent of companies in the industry are family-owned small businesses with fewer than 50 employees. [4]
Amid the coronavirus pandemic, restaurants like Steak 'n Shake and Ruby Tuesday have permanently closed locations, and others are at risk. See if your favorites are on the list.
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]
Denny's latest in long list of restaurants, retail chains announcing closures ... are among those that have shuttered stores across the nation since 2020. ... Denny's closing 150 restaurants ...