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As a result, Party City will close its roughly 700 locations early next year. The New Jersey-based company faced inflationary pressures on product costs, which reduced consumer spending, according ...
SPB Hospitality is a multi-brand restaurant operator headquartered in Houston, Texas.The company owns several casual dining restaurant chain brands, including Logan's Roadhouse, Old Chicago Pizza + Taproom, J. Alexander's, Stoney River Steak House, Krystal Restaurants, Gordon Biersch Brewery Restaurants, and Rock Bottom Restaurants Breweries.
The remaining locations were purchased by Kroger and Fresh Encounter and have since been shuttered and rebranded. [202] Mattress Firm filed for Chapter 11 bankruptcy on October 5, 2018. The company planned to close up to 700 of its over 3,200 company-owned stores, primarily in markets with multiple locations in close proximity to one another.
Cicis, where you can famously down all the Mac & Cheese pizza, pasta salad, and cinnamon rolls you can handle for as little as $6, emerged from bankruptcy in 2020 with under 300 locations, down ...
There are currently 7,496 Pizza Hut locations in the U.S. The company plans to cut about 500 restaurants to bring the number closer to 7,000, MarketWatch reports.
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Denny's plans to close 150 of its restaurant locations as the company aims to strengthen ... Fifty lower performing restaurants will close by the end of 2024, while the remaining 100 will shut ...