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Popular restaurant chain TGI Fridays suffered a major profit loss in 2019 after closing dozens of locations in recent years. The chain has seen an …
The chain is on the verge of closing for good. The year 2018 was especially difficult for Red Robin as they suffered a loss of $10.6 million. Poor customer service and …
The Indianapolis-based chain shut down restaurants in waves throughout 2019 and has closed at least one so far in 2020. Executives have …
Meatheads Burgers & Fries, a Chicago-based chain, declared bankruptcy in April 2021 (via Restaurant Business Online ). The chain operates 13 locations in the Chicago area. …
McDonald’s is not going out of business. The fast-food giant announced that it would be closing hundreds of restaurants in April 2021. …
Here's a list of restaurants that are in serious danger of closing down completely. Applebee’s When Applebee's first opened in 1980, it was the hot spot for dining. However, over …
The coronavirus pandemic has devastated the restaurant industry. As of mid-April, an estimated 30,000 American restaurants had closed for good and more than 110,000 were …
Closed in: 2011 (at least in the U.S.) Bottom Line: Kenny Rogers Roasters. The late country star Kenny Rogers got into the fast-food biz in 1991 with this Southern-fried restaurant, …
Parent companies close large numbers of restaurants, as was seen with Ground Round Grill & Bar, Big Boy, and Bakers Square. These bankruptcies have left thousands of …
6 national restaurant chains in deepest trouble amid COVID-19 include Outback Steakhouse, IHOP and Denny's. Casual dining chains were already facing challenges before …
According to The Motley Fool, Dave & Buster's is at particularly high risk of facing permanent closure because, unlike a traditional restaurant, the chain is not equipped for …
Le Pain Quotidien. Le Pain Quotidien agreed to sell its U.S. assets to restaurant operator Aurify Brands for $3 million through a Chapter 11 bankruptcy proceeding. Aurify Brands later said that …
But franchisees of large fast-food chains are also struggling. Operators across chains like McDonald's, Wendy's and Yum Brands' Taco Bell received millions in PPP loans. …
Perkins Restaurant and Bakery. Company accountants could probably use some of the comfort food on the menu at this diner-style franchise, which has about 500 locations, …
Just a month and a half into 2020, before the pandemic hit the United States, TGI Fridays restaurant chain said it would close dozens of locations. This comes after closing 34 …
Sizzler USA: The restaurant chain, which was one of the country’s first casual restaurant chains, filed for bankruptcy because of Covid-19 lockdowns that forced it to …
The 20 Restaurant Chains That No Longer Exist. Chain restaurants like Applebee's, Fridays, Chili's and Outback may dominate highways and mall locations alike, but it wasn't …
Wahaca has permanently shut the door to nearly half of restaurants during the pandemic. The Mexican food chain closed 10 of its restaurants after Covid-19 hammered …
Pizza Hut announced in August 2020 that the chain planned to close up to 300 locations. Pizza Hut. Mario Anzuoni/Reuters Pizza Hut announced in 2019 that it will be closing …
Parent companies of Souplantation, Chuck E. Cheese, and California Pizza Kitchen have been forced to file for bankruptcy in recent months. Franchisees for major chains …
In early 2019, its parent company, Luby's, said they were closing some locations and in March 2020, five of those stores closed temporarily due to the pandemic. By June 2020, …
Restaurant chains are largely seeing their sales recover during the pandemic. But it isn’t keeping them from closing restaurants. On Thursday, Starbucks said that it would close …
14 Failed Restaurant Chains That Have Closed For Good . 1. McDonald's. Two hundred of the 14,000 McDonald's stores have closed. The company said that pandemic is not the main …
A major IHOP franchisee in the Southeast filed for bankruptcy in mid-2020, closing nearly 50 restaurants in the process. The chain also planned to close about 100 more underperforming …
Some classic chain restaurants had already been facing tough times amid stiff competition from newer fast-casual restaurants, and were forced to close underperforming …
The century-old chain is exploring bankruptcy protection, relief from creditors or additional financing, according to Reuters, after it was forced to close all 38 of its department …
2. J.C. Penney. One of America's largest and oldest department store chains has been brought to its knees by the pandemic. J.C. Penney, a mainstay at malls across America, …
Here are some major chains that could be in danger of vanishing. Applebee's. Opened in 1980, the chain has closed more than 120 locations and is down to only about 1,200 …
Many chain restaurants were already struggling before the coronavirus pandemic. When the pandemic began and restaurants were ordered to shut down, many have been forced …
Wendy’s has also turned its company-owned stores into to-go and drive-thru only locations, encouraging franchisees to follow suit. Meanwhile, Chick-fil-A, Shake Shack, and …
Several major restaurant chains have filed for bankruptcy as a result of the events in 2020. Now, there are a few different kinds of bankruptcy a business can file for. ... Yes, this childhood …
These days, when people want a meal out, they’re either going to grab something quick at a fast food restaurant or spend some serious money and time at a fan...
Rubio’s Coastal Grill. Fast-casual Mexican chain Rubio’s Coastal Grill permanently closed 12 units, or about 7% of its system, pulling out of Colorado and Florida because of the …
CHICAGO - As winter approaches, some restaurant owners are now pushing the city to expand indoor dining, saying it is their last lifeline. However, the city insists the …
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The last few years haven’t been kind to some of the biggest contributors in the restaurant industry. More and more people are favoring family-owned, indie restaurants for …
According to the S&P report, Dave & Buster's, Denny's and Bloomin’ Brands Inc., the parent company of Outback Steakhouse, are the three most in danger of defaulting on their …
The child-friendly chain's parent company filed for bankruptcy in late June in an attempt to support its "longer-term strategic plans." As of Sept. 9, Dave & Buster's reopened 89 …
The group said Monday 110,000 restaurants have already permanently shuttered in 2020, with 10,000 of them closed in the past three months. The group released results from …
The restaurant business has been hit exceptionally hard by the coronavirus outbreak. These Restaurant Chains Are In Real Danger Of Losing Locations Skip to Search Skip …
Of all the restaurant chains that could shut down in 2020, Howard Johnson's is one of them. There is actually only one restaurant that is still open which is wild to think about …
Store closures expected: 20 - 25 throughout this fiscal year. Source: Los Angeles Times. iHop. 6 of 48. 7 of 48 Outback Steakhouse, Carrabba’s and Bonefish. Store closures: The restaurant's ...
Another chain that has already closed one restaurant in the early part of the new decade is McCormick & Schmick’s. This high-end seafood chain operates more than 30 locations from …
These restaurant chains have closed dining rooms, nationwide, as of March 20: Chipotle: All units will halt dine-in services but remain open for delivery and takeout. Dunkin’: All …
A recent report from QSR Magazine shows that of the largest 50 fast-food chains by sales, 19 are shrinking, many of them older brands. Last year, they closed more stores than …
CMX Cinemas, a movie theater chain that also owns dine-in restaurants and bars, filed on April 25 with all 41 of its theaters closed nationwide during the pandemic.
The ever-familiar HomeTown, Old Country and Ryan's buffet chains are also following that spic-and-span approach. A rep for Ovation Brands -- which owns and operates all …
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