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From Red Lobster declaring bankruptcy to Applebee’s shuttering dozens of locations this year — big American restaurant chains are getting gobbled by inflation and declining foot traffic since ...
Wendy's has announced plans to close 140 underperforming restaurants by the end of 2024, on top of the 100 it said it would close in May. ... The chain, in fact, has already opened over 500 new ...
The chain had 6,011 American restaurants in operation as of the end of last quarter. Looking ahead, Wendy’s plans to ramp up its expansion efforts and projects that its restaurant count will ...
Another major chain, TGI Fridays, closed 50 locations this fall before filing for Chapter 11 bankruptcy in November, bringing its numbers to a total of 163 restaurants nationwide.
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]
Related: Chain Restaurants That Are Closing Locations ... Like several other closed buffet chains, though, its store count dwindled in recent years as fast-casual dining started to dominate. Sadly ...
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]
By late July, nearly 16,000 restaurants had permanently closed. [1] Restaurant closures started March 15 when Ohio Governor Mike DeWine ordered all bars and restaurants in the state to close their dining rooms and bars; within a week most other states followed suit. By March 23, industry experts were estimating nearly half of the industry's 15 ...