In the last year, some bad news shows that many of the best shops in the country close branches. Not only are retail stores impacted by this tough time, but many restaurants had to reduce their numbers too. All of these listed restaurants close for a cause that helps us to read which of our favorite restaurants we are sorry to see in 2020 and which are luckily open.
Founded in 1958, Pizza Hut has about 18,431 subsidiaries worldwide. The Shop is a division of larger Yum! labels, originating in the town of Wichita, Kansas. In the USA there are some 7,500 locations, but Yum Brands recently announced that 500 locations that do not fulfill the quota will be closed. The process will be completed in two years’ time.
Luby was an initial company which founded popular restaurants in Paradise, such as Luby’s, Koo Koo Roo, Fuddruckers, and Cheeseburger. Established as Luby’s Cafeteria in 1947, it was subsequently rebuilt. There are 83 branches of the current restaurant in Luby, but they recently announced that the less popular outlets would close. Before that, they were able to increase their sales by receiving 6.6 million dollars.
Steak ‘N Shake
Founded in 1934 in Normal, Illinois, Steak N Shake was founded as a regular burger restaurant. It now serves several countries, including America, Southwest Europe, and the Middle East. There are today 628 franchised outlets. There are 214. However, they are gradually closing some hundred stores as they are searching for a new franchise partner.
Tim Hortons is the biggest fast-food location in Canada with its headquarters in Toronto. Originally, its founding members, Tim Horton and Jim Charade intended to create a hamburger joint, but then turned to coffee and donuts. Tim Horton’s Inc. has 4,848 subsidiaries worldwide, but recently its decision to downsize based on the poor performance of companies has been revealed. The latest was a sudden shutdown of 4 Ohio restaurants.
The burger chain was founded in 1969 in Seattle, Washington. The first franchised restaurant was constructed ten years later. There are 562 restaurants in the establishments, 90 of them franchises. Unfortunately, they opted to close ten locations after a recent downturn of 85.4 percent, but reject the views of investors that they should closure the business.
A restaurant in style Hometown Buffet was set up in 1983 and when it was at its peak hit 250 restaurants. It is a subsidiary of Food Management Partners, Ovation Products. It was recently acquired by Food Management and was, however under new leadership. For HomeTown Buffet, these latest developments were not so successful and by August 2019 more than 200 restaurants closed.
McCormick & Schmick’s
This seafood joint will close more outlets by 2020, after closing nearly half of its branches. McCormick & Schmick’s is the parent company Landry’s Inc. with its headquarters in Portland, Oregon. They are spread across the USA and in Canada, there are around 40 sites. It is fair to assume that the company is not booming between its profits, net income, assets, and equity. Landry’s is responsible for the branch closure and moves the headquarters to Texas.
Fuddruckers was at one point the ideal place for all crispy chicken finger lovers. Nearly 111 franchises and 77 branches served nationally were located at the height. They have $150 million in sales and expect to expand by shutting down those stores. Its headquarters are located in Texas and many changes in ownership have taken place.
The Roy Rogers Restaurants are the name of a burger chain mainly based in the Mid-Atlantic region named after the old western actor, Roy Rogers. They were initially renamed the House of Beef by RoBee but were then purchased by the Hotel Marriot. They had an attacking customer sales campaign, and at one stage in America, there were 600 branches. It was sold in 1990 to Hardee’s parent company and only 48 stores are still open today.
The Boston Chicken is officially known for its unique chicken. It is now called Boston Store. It is owned in the north-east/mid-west, but is also most popular in Florida. In 2013, there were about 462 branches, but today the figure has fallen significantly. The restaurant chain even admitted to a “multifaceted transformation plan.”
This Perkins breakfast and bakery chain were established in 1958 in Cincinnati Ohio under the name Pancake House. It was renamed to Perkins Family Restaurant a few years later. It is distributed throughout the world between thirty-two US states and four provisions in Canada. It also belongs to Marie Callender’s restaurant, which was submitted to bankruptcy in 2019. Unfortunately, this led to accelerated closure and the laying off of 25,000 workers.
On the eastern coast, this chain is more likely to be found. Since it was founded in 1935, it has undergone several changes, including declared bankruptcy a few years ago. However, it returned and modified the menu entirely. There are currently 167 locations but intend to close places where there is not ample traffic.
Del Taco was created in the 60ies as an inspired Mexican restaurant that also produces an interesting combo of burgers and fries. In the west and southwest areas, it is unbelievably famous and has 564 restaurants in total. However, by 2020, less common areas are expected to be shut down. They want to go further into franchising, too. It was sold in 2015 as a public corporation to Tax Purchase. Their plans for East expansion were not unbelievably successful but still produce a large turnover, making Taco Bell a worthy competitor.
Applebee’s the popular IHOP’s sister restaurant and the two will sadly end. Much of the outlets are franchised with 1,830 restaurants worldwide. The restaurant once had a turnover of $2.5 billion, totaling $935 million and hiring 28,000 staff.
I find myself in the Foreign House of Pancakes. The local pancake home is owned by Dine Brands Global and has its headquarters in Los Angeles, California. They are competitors of the Waffle House which will soon close shops. IHOP used to have $350 and 32,300 million in sales, but the situation remains uncertain.
Binger King was established in 1966 and used to be known as Insta-Burger King. At present, there are 17,8000 restaurants across the country, but each year they are decreasing with not expected to close any 200-250 places.
Ruby Tuesdays are like TFI Friday and Applebee’s, a nearby favorite location. Established in 1972, it has about 491 shops in Knoxville, Tennessee. Most of them are based on the east coast but recently announced that they will close most of their stores because they do not have enough revenue.
This shutdown hits home for us. The home of the most delicious pie, especially the key lime pastry is this local joint! Marie Callender’s was developed by Marie Callender herself when she created the chain of restaurants in the trailer park. Unfortunately, the restaurant’s success was hit by a family trauma in 2009. The restaurant has filed bankruptcy and closed several places ever since her husband died due to head trauma. Much of the remaining branches are also based in California.
Kona Grill is a sushi restaurant established in Scottsdale, Arizona and now has 40 franchises in the USA and Puerto Rico. Sadly, since its establishment in 1989, the chain has struggled against closures. They announced in spring 2019 that they had filed for bankruptcy. This chain, while the CEO announces his interest in resigning, still has not given up and hopes to find a partnership.
In 2014, following a reduction of 400 million USD its debt, the fast food sandwich shop filed for bankruptcy. This joint had 5,000 sites worldwide in 2002 and is now just 800. Closures began in 2007, when one thousand sites in the United States were revoked.
When Outback Steakhouse was integrated, what started in 1986 as a family restaurant soon turned into restaurant feeling. Their name has been changed to Bloomin’s Brands and their opening has begun. Under Bloomin’s Brands there are various restaurants, but Carrabas has the most branch losses.
Perhaps the term ‘restaurant’ is not the word I recall when you think of Starbucks. Don’t forget, though the company offers coffee and other foods. Back in 2018, the coffee giant announced it will shut down 150 stores in the US to optimize its existing market. The shutdown rate for Starbucks is three times higher.
The story of T.G.I is a sweet one on Friday. It was founded in New York City in 1965. The idea behind it was to construct a meeting and mingling room for younger people – in their 20’s and 30’s – in a cozy and relaxing atmosphere. Today, with that particular population, the chain is slowly becoming less common. The headquarters of Tallahassee, Staten Island, and Washington DC closed down branches in 2018 and 2019.
Papa Murphy has found the solution when you worry about your pizza not being warm and fresh as long as it gets delivered to you. They also developed the process of taking and preparing the pizza, bringing it around, and then baking it. Although this sounds fantastic, over 60 sites around the US had to be closed in 2018 and 2019.
To be frank, Taco Bell is at best Mexican. It’s not so much an actual Mexican food representation. Anyway, it will come at a price now that the business is spreading beyond the US. In 2019, branches in Pennsylvania, Arkansas, and four branches in Maine were shut down.
The Pollo Tropical with its Caribbean cooking was there for years for the southern Floridians. However, the company could not find a foothold until it started expanding into Cubans, Venezuelans, and Haitians. It was expected in Texas to open the store, but it was never. By 2019, 23 branches had shut down due to significant financial losses. The trend continued throughout 2019, with more branches being shut down.
Nowadays there are issues with a float at the fourth largest pizza delivery restaurant in the U.S. The founder had some issues with the use of a nasty racial slur that took him down last year. Owing to the incident’s indignation and the shift of management, revenue fell by 7.8 percent. Analysts have cautioned of several closures in 2019 due to this dramatic change. The number of branches was projected to be 250.
Pie Five is the location you want if you want a homemade pizza pie, built to meet your own needs, ready in five minutes. While the idea of the casual caught on in the US and spread rapidly beyond Texas has only been barely ten years. But they started to fall a little as quickly as they rose. More than 30 stores have been closed in the last few years. Indeed during 2019 they shut down even more.
Although there’s only been Pizza Rev for the past eight years, it has already made a mark. This was the answer to Pie Five from California that allowed customers to pick up pizzas quickly during lunch breaks. Although this concept has gained interest in other nations, there are now some problems with its rapid growth. In 2019, as many as 9 sites were closed in 2019.
Eat ‘N Park
Eater ‘N Park’s food was enjoyed for 70 years by people in Western Virginia, Pennsylvania, and Ohio. While the restaurant is doing well on the business front in 2019, residents of Ohio had five separate restaurants nearby. Nevertheless, the other branches remaining are revamped, so a silver lining is there.
In recent years, even the subway has been unable to save their restaurants. Subway shut down a massive 1,100 U.S. branches in 2018 alone. More closures also took place in 2019. But don’t be desperate. The metro continues to be the world’s biggest chain restaurant. The organization plans to open up the most lucrative branches.
In 2019, 50 separate places were shut down by Chipotle. In spite of the increasingly successful chain, the company’s image has been impacted by some serious setbacks over recent years. The restaurant treated some poor ads a couple of years ago: customers got sick with E. During two outbreaks that were linked with the food in Chipotle, coli had consumed. In 2019, a cyber attack threatened customers’ records. There are already more than 150 new branches opened in 2019, so something must be done properly.
Potbelly Sandwich Shop
The name has not intimidated the health-conscious generation today. It turns out. Potbelly has taken the move over the past few years and has been spreading all the way to India beyond the US. As this chain expands, it contracts, too. All of its companies in the city had to be closed by 2019 three years before opening its branch in Toronto. It reached the point where it has not been successful to sell the restaurant chain.
Jack In The Box
Honestly, the amount of success his rivals did not have was Jack in the Hat. The children around the U.S. have been preferring McDonald’s over Jack since it opened in 1951 and today is similar. Qdoba was also owned by the company that owns this chain until 2018 when they sold. Since that time, the burger chain has had to shut down many stores and lost a lot of sales. The business expects that at least 14 stores will be shut down this year alone.
Noodles & Company
Noodles & Company, which was formed in 1995, was popular for a few years prior to the decline of its revenues. After the early 2000s, people seemed not to want to get too far into the noodle buzz. However, a misuse of privacy in 2016 that compromised the personal information of consumers around the countries really made a difference. The data infringement eventually cost the company 11 million dollars. Moreover, 10% of the sites had to be closed in 2018.
Joe’s Crab Shack
Joe’s Crab Shack was an informal food chain of seafood that specializes in massive crab buckets, stuffed shrimp, and other American foods. It could have made Bubba Gump or other independent marine retainers less attractive to their customers. It could have been their rivalry. The company submitted bankruptcies in 2017 and shut down 41 of its sites. Right now, 58 locations remain open, but this year more is set to close.
Howard Johnson’s had all loved fried clams and 28 ice cream tastes that travelers so much loved. About 1,000 roadside sites existed in the 1960s and 1970s. The cellar was built in 1925, but the New York restaurant was not too long ago sponsored by life according to Yelp reviews. Currently, just two years ago the very last position was locked.
The chain was founded in 1972. The co-founders purchased Tom Houlihan’s Men’s Wear from a former ironworks. The architect called his project “Old Place Houlihan” but it stuck. Although they managed to do all right, the company already has debt of $50 million and the closure of many sites.
Baja Fresh Mexican Grill
Baja Fresh Mexican barbecue is famous for burritos, taquitos, and salsa. The bar opened in 1990, but Wendy’s purchased it in 2002. In 21 states at the time, there were approximately 300 units. Since stores started closing in 2004, this chain has declined slowly.
The slogan of the Ground Round was created in 1969, “The place for family, friends and fans of sport.” In 2004, the company filed for bankruptcy at over 100 locations. To say nothing, they almost suddenly closed their places. Just seventeen are still available today.
In West Hollywood in 2005 this stylish yogurt shop opened. Soon, with many celebrities shopping there as well it was a famous location. That wasn’t enough while the yogurt was fine. Finally, it extended to 21 countries, but only 139 locations in the United States remained open by 2015.
Thank God It’s Friday is casual dining with 870 restaurants worldwide. Daniel Scoggin and Alan Stillman founded the restaurant in New York City. The office was moved to Texas, but several places still remain. Between 2019 and 2020, they announced that they would close locations.
Carl’s Jr. owns CKJE Restaurant Holding and is one of Canada’s and the United States’ most successful rapid food supply chains. It started in 1941 as a hot dog cart, then grew to a complete restaurant. They still face their own challenges in spite of their success and had to close many stores annually. But there are already 1,490 left all over the world.