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Successful quarters (and as a result, favorable stock-price reactions) for some of the country's largest sit-down restaurant chains come amid growing economic stress on lower-income to middle ...
Although inflation is slowing, cost-conscious consumers are eating more at home or at lower-cost fast-food restaurants, where the average check is $7.92, about half the average check at a sit-down ...
Restaurant chain TGI Fridays filed for bankruptcy protection Saturday, saying it is looking for ways to “ensure the long-term viability” of the casual dining brand after closing many of its ...
Sit-down chain restaurants have more broadly faced challenges in recent years as diners choose to get food delivered or visit upscale fast food chains like Chipotle and Shake Shack. A U.S. bankruptcy judge in September approved a reorganization plan for seafood chain Red Lobster after years of mounting losses and dwindling customers.
At one time, it was the largest Mexican restaurant chain in the United States with 130 locations worldwide before bankruptcy forced sale of U.S. locations to Outback Steakhouse. All that remains of the former chain by the second decade of the 21st century is a single franchised location in Vienna. Du-par's: Restaurant and bakery
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]
The once-popular chain is close to bankruptcy. ... and customers were leery of eating in a sit down restaurant. TGI Fridays isn't alone either — other restaurant chains that have recently filed ...
The following is a list of notable restaurant chains in the United States ... Boston Market: Newton, Massachusetts: ... New Grand Chain, Illinois: 1988 Paducah ...