Lots of well-known stores such as boutiques and other retail stores announced their closure these past few years. Such news got people devastated because saying goodbye to their favorite stores was not easy at all – what more if they knew that lots of restaurant companies have already begun closing as well? Especially now that the whole world is facing a pandemic, a lot of restaurants, all over the world, announced that they would no longer be in service. It is an unfortunate thing to say, but here is the list of the restaurants that currently announced their closure. Prepare yourself because trust me, the restaurants included in this list are the crowd’s favorites.
15th of June 1958 was the day when Pizza Hut was founded by Dan Carney and Frank Carney in Wichita, Kansas. Since then, Yum! Brands has been one of its parent organizations. All in all, Pizza Hut and Yum! Brands established a total of 18,431 stores built in different countries all over the world. However, Pizza Hut recently announced the closure of 7,500 branches located in the United States. Yum followed this shocking news! Brands’ announcement saying that the management came up with a decision to close 500 stores all over the world.
Luby’s is a restaurant company, which is well-known for operating and managing Cheeseburger in Paradise, Fuddruckers, Koo Koo Roo, and of course, Luby’s Restaurant. No, let us talk about Luby’s Restaurant. Ever since it was founded by Robert Luby in Houston, Texas, in the middle of 1947, the people who operated the restaurant managed to build a total of 83 branches in different parts of the world. However, Luby’s Inc. recently announced the closure of some stores that are not reaching the quota.
Steak ‘N Shake
Steak ‘N Shake was founded by Gus Belt during February 1934 in Normal, Illinois. Ever since the day it was founded, millions of people loved the restaurant, making it successful to branch out to a total of 628 locations until today. Well, because of unforeseen factors that really affected their sales, the management came up with a decision to close some branches that are not performing well. Twenty thousand seven hundred thirty-two employees are working for this restaurant all over the world, and it is very heartbreaking to know that plenty of them are about to lose their jobs.
Charley Watkins was the founder of the very first and original branch of O’Charley’s in 1971 that was built in Nashville, Tennessee. Since its founding year up to 2020, O’Charley’s have a total of 628 branches in different parts of the United States. People really loved the restaurant and that was the reason why a lot of people were devastated to hear the management’s announcement saying that they would be closing some branches if they continue to struggle with finance.
Tim Hortons is a very well-known restaurant that has always been loved by many for its delicious doughnuts and their delightful coffee. It was founded on May 17, 1964, by Tim Horton and Ron Joyce. With a total of 4,848 branches all over the world, Tim Hortons currently celebrated its 56th anniversary. However, the fast-food restaurant company also recently announced that they would be closing the stores that are not reaching the quota to save their company from bankruptcy.
Red Robin is a restaurant company founded by Gerry Kingen in the middle of 1969 in Seattle, Washington. Ever since it was founded, lots of people have always loved their food, especially their gourmet burgers. Today, there are 562 branches of this food chain all over the world. However, the whole management recently held a meeting together with their investors to talk about their sales. The investors offered the idea of closing the entire company. Well, the management of Red Robin did not entirely agree to that idea and just decided to close 10 branches that were evidently not performing well.
HomeTown Buffet is a well-known buffet restaurant in the United States. It was founded in the middle of 1983 – ever since its first and original branch was built, HomeTown Buffet has been able to establish 250 branches in different locations. However, the restaurant had to face new management because of sudden factors – the transition was kind of rough and that made the new owners announce the closure of 200 branches.
McCormick & Schmick’s
McCormick & Schmick’s is a well-known seafood restaurant chain that was founded by its parent organization, Landry’s Inc. in the middle of 1979 in Portland, Oregon. Because of the fact that plenty of their branches were not reaching the quota, Landry’s Inc. was forced to close almost half of the seafood restaurant’s branches. As of today, 36 branches of McCormick & Schmick’s are still operating, but the management is still thinking of closing some more.
The Fuddruckers is a restaurant company that has always been praised and loved by many for its delicious hamburgers. The restaurant was founded by Phil Romano in Houston, Texas in the middle of 1979. Now spending its 41st year of operation, the restaurant company has a total of 188 branches all over the world. However, the owners made a tough decision to focus on the locations that are performing well and put the branches that are not reaching the quota into closure.
Roy Rogers Restaurants is a fast-food company that was founded on the 12th of February 1968. Before being named “Roy Rogers” the restaurant company used to be known as “RoBee’s House of Beef”. The company used to have a total of 600 branches all over the United States, but 558 of its locations had to be closed after it faced new management – well, it seemed like the transition was very tough.
Boston Market was founded by Arthur Cores and Steven Kolow during 1985 in Newton, Massachusetts. Take note of the fact that the very first and original branch used to be known as Boston Chicken, until the whole restaurant company was sold to Sun Capital in the middle of 1995. 2013 was the year when the restaurant thrived at the peak of its success. However, because of several factors that included a new management transition, lots of Boston Market’s branches had to close.
Perkins, which is also professionally known as Perkins Restaurant and Bakery, is a restaurant company that was founded in the middle of 1958 in Cincinnati, Ohio by Ivan Perkins and Matt Perkins. The restaurant company used to be very successful even though it faced some management transitions. A few parent organizations, own it and one of them is Marie Callenders, which filed for bankruptcy one year ago. That bankruptcy affected Perkins a lot in a negative way, forcing the restaurant company to close hundreds of branches all over the world.
Friendly’s is a restaurant company that was founded by Prestley Blake and Curtis Blake, S. in the middle of 1935. Its very first and original branch is located in Springfield, Massachusetts. Because of the drastic transition of facing new management a few years ago, the restaurant’s sales severely decreased, and that forced them to file for bankruptcy. However, the company did its best to come up with a whole new menu and system to become successful again. As of now, they have a total of 167 branches, and it seems like they are doing fine. Well, they are not yet thriving the same way they used to, so they recently decided to focus on the stores that are performing well and close all the branches that are not reaching the quota to increase their sales.
Del Taco Restaurants Inc., or simply Del Taco, is a fast-food restaurant company. It was founded in the middle of 1964 in Yermo, California by David Jameson and Ed Hackbarth. Since the day it was founded, the restaurant company managed to establish a total of 564 restaurants that are operating until today. However, because of sudden factors such as management transition that negatively affected its sales, the company decided to make a massive effort in increasing its sales by focusing on the stores that are giving them sales and put all the branches, which are not performing the same way, into closure.
Applebee’s is a restaurant company that was founded by Bill Palmer and TJ Palmer on the 19th of November 1980 in Decatur, Georgia. Ever since it was founded, the restaurant company managed to establish a total of 1,830 branches all over the world. However, because of several factors that affected their financial stability, the restaurant company was forced to close some branches. Now, it has 1,787 branches that are fully operating and let us just hope that they would not come up with a decision to close more stores.
IHOP or International House Of Pancakes is a restaurant company that is loved and adored by millions of people all over the world because of its delicious breakfast meals. It was founded in the middle of 1958 by Al Lapin Jr., Al Lapin, Jerry Lapin, and Albert Kallis. As of 2019, there are a total of 1,841 IHOP branches across the whole world. Because of several factors, the company has come into a decision to close some branches – with over 30,000 employees working for IHOP, it is very sad to think that any of them are about to lose their jobs.
Burger King is a popular fast-food restaurant company that is also well-known for their delicious hamburgers. It was founded in the middle of 1954 in Jacksonville, Florida, by James McLamore and David Edgerton. Burger King has Restaurant Brands International as its parent organization. As of today, it has 17,800 branches operating worldwide, but the restaurant company has recently announced that they would be closing hundreds of stores from different locations.
Ruby Tuesday is a restaurant company that was founded by Samuel E. Beall III in 1972. Everything was going great about the restaurant’s situation until it faced a financial problem. As of 2019, there are 491 branches of Ruby Tuesday located all over the world, but we all have to expect that number to decrease because the company just recently announced that they would put some branches into closure so that they could focus on other locations that are performing well – in that way, they could cut their expenses and increase their sales at the same time.
Marie Callender’s is a restaurant company owned by the one and the only, Marie Callender. The very first branch of this restaurant was built in the middle of 1948. Marie Callender’s used to keep on expanding because of its huge success as people loved its delicious pies until the owner experienced a problem that had a significant impact on her life. Her beloved husband had died, and it affected Marie Callender – that did not have any good effects on the restaurant company, making them file for bankruptcy that forced them to close many branches.
Kona Grill is a restaurant that was founded in 1998. People have always loved them for their delicious sushi, cocktails, and some American meals. However, because of financial problems, they began closing some branches located in the United States and Puerto Rico. We could say that 2019 was one of their toughest years as the company already filed for bankruptcy, and the Chief Executive Officer decided to resign. As of today, the people managing Kona Grill are still hoping and looking for someone that could invest and save them from total closure.
Quiznos, which is also known as QIP Holder, LLC, is a fast-food restaurant company that was founded by Todd Disner and Jimmy Lambatos in 1981. The restaurant company has High Bluff Capital Partners as its parent organization. When it was thriving at its peak, Quiznos used to have a total of 5,000 branches built all over the world. Well, because of several factors that affected their financial stability, they were forced to close thousands of locations and eventually file for bankruptcy. In 2014, they began operating again and currently have a total of 800 branches worldwide.
Carrabba’s Italian Grill, or simply Carrabbas, is a restaurant company that has Bloomin’ Brands as its parent organization. It was founded on the 26th of December 1986 by John Charles Carrabba III and Damian Mandola. Bloomin’ Brands owns a lot of other restaurants, but Carrabba’s Italian Grill is the one that has the most number of branches that unfortunately closed because they were not able to reach the quota.
Starbucks is a very popular coffeehouse company that was founded by Gordon Bowker, Zev Siegl, and Jerry Baldwin on the 31st of March 1971 in Seattle, Washington. Even though it seems like the company is gaining a lot as they are one of the leading coffeehouses in the whole world, they had to close a total of 150 branches so that they could cut some expenses and increase their sales. Most of the branches they closed used to be located in the United States.
T.G.I. Friday’s is a restaurant company that was founded on the 15th of March 1965 in New York City by Alan Stillman, Alan N. Stillman, and Daniel R. Scoggin. The restaurant used to be one of the most popular go-to restaurants for casual dining; however, as years passed by and as thousands of new restaurants opened, people started to forget about T.G.I. Friday’s. Their sales started decreasing, forcing them to close hundreds of branches that were not giving excellent performance.
Papa Murphy’s is a pizza company that is well-known for their unique method of serving their pizzas – it is known as the “take and bake” method wherein people could take an uncooked pizza and bake it in their homes so that they could enjoy their pizzas hot and newly-baked. Well, it seems like people started not to be amazed by that uncommon method as Papa Murphy’s sales began to decrease. That drastic decrease forced them to close 60 branches all over the world.
Taco Bell is a popular fast-food restaurant company. It was founded on the 21st of March 1962 in Downey, California, by Glen Bell. It has Yum! Brands and Yum China as its parent organizations. As years passed by, Taco Bell began closing some branches one after the other. A year ago, it closed a lot of branches that used to be located in Pennsylvania, Arkansas, and Maine.
Pollo Tropical is a restaurant company that was established by Larry J. Harris and Stuart Harris in the middle of 1988. Ever since it began operating, people have always loved the Caribbean cuisine that it is serving. However, one year ago, Pollo Tropical started suffering from financial problems as their sales drastically decreased. That really had a significant impact on the restaurant which eventually forced Pollo Tropical to close a total of 23 branches from different locations. Well, with the constant decrease in sales that is still happening until today, they are looking forward to closing some more branches.
Papa John’s Pizza, or simply Papa John’s, is a pizza restaurant company that is well-known all over the whole wide world. It was founded by John Schnatter on the 2nd of October 1984 in Jeffersonville, Indiana. Everything was going great with its sales because people loved their delicious pizzas until the founder of Papa John’s went viral for using a racial slur. That pissed a lot of people, making them not eat at Papa John’s – that was one of the main reasons why its sales decreased. That controversy also pushed John Schantter to resign and Rob Lynch to replace him. A total of 250 branches was put into closure because of the enormous loss in the company’s sales.
Pie Five Pizza is a fast-food restaurant chain that is well-known for its customized pizza that could be prepared in a span of five minutes. This fantastic pizza chain was founded on the 2nd of June 2011. Well, even though it became quite famous, its popularity was more of a “one-time big-time” because it eventually became less popular as time passed by. In 2018, Pie Five started closing a total of 30 branches from different locations. It was recently revealed that they would still be closing some more branches this year to cut expenses and focus on the areas that are performing well.
PizzaRev is a restaurant company that was founded in the middle of 2012 by Nicholas Eckerman. It is very similar to Pie Five – in fact, it was claimed that PizzaRev is the counterpart of the mentioned pizza restaurant. Well, just like other restaurants, this pizza restaurant company eventually became less popular, making its sales decrease. That forced them to close a total of 9 branches from different locations last year.
Eat ‘N Park
Eat ‘n Park is a restaurant company that was founded by William D. Peters and Larry Hatch on the 6th of June 1949 in Pittsburgh, Pennsylvania. One of the things that people loved about them the most is the smiley cookies they are selling. However, when 2019 came, Eat ‘n Park had to increase its sales by cutting expenses and closing a total of 5 branches that were performing underwhelmingly. In that way, they got the chance to focus on improving the locations that are performing well.
Subway is a very popular restaurant company that has thousands of branches built all over the world. It was founded by Peter Buck and Fred DeLuca on the 28th of August in Bridgeport, Connecticut. Even though Subway is one of the leading restaurants in the whole world, it still faced several problems that affected its financial stability. Because of those problems, the restaurant company was forced to close a total of 1,100 branches in 2018.
Chipotle Mexican Grill, which is simply known as Chipotle, is a restaurant company that was established by Steve Ells on the 13th of July 1993 in Denver, Colorado. People used to love all of their food so much until the company was involved in a couple of controversial issues. Last year, the company suffered from a cyberattack that put all of the customers and the employees’ details in a critical situation. In addition to that, several customers were diagnosed suffering from E. Coli and it was discovered that all of their illnesses could be traced back to the food that they had eaten at Chipotle. With those controversial issues, a lot of people simply decided not to eat at Chipotle anymore – that made the company’s sales decrease drastically, forcing them to close a lot of branches.
Potbelly Sandwich Shop
Potbelly Sandwich Shop is a restaurant company that was founded by Bryant Keil and Peter Hastings on the 14th of January 1977 in Lincoln Avenue, Illinois. When the owners realized that their restaurant started as a very successful one, they decided to open more branches in different locations. However, as time went by, their sales began to decrease. That forced them to close all of their branches that were located in Toronto in the middle of 2019.
Jack In The Box
Jack In The Box is a fast-food restaurant company that was established in San Diego, California, in 1951. Robert O. Peterson, the founder of the fast-food chain, really thought that his restaurant could get near other famous fast-food restaurants’ fame and success – well, it turned out that he was wrong. Years after expanding and building more branches in the United States, Jack In The Box’s sales did not increase that much. 2018 was the year when it began to close some branches. As of now, all that we got is their announcement regarding their plans on closing more stores – so that they could focus on the few locations that are performing well.
Noodles & Company
Noodles & Company is a fast-casual restaurant that was founded in the middle of 1995 by Aaron Kennedy in Denver, Colorado. A lot of people used to love eating at this restaurant because their meals taste really good until 2016 came – a cyberattack in Noodles & Company’s database put the customers’ personal information at risk. The restaurant company was sued and had to pay a total of $11,000,000. That controversial issue brought a very huge loss to the company’s sales, making them shut several branches down.
Joe’s Crab Shack
Joe’s Crab Shack is a restaurant company owned by Landry’s Inc. since 1991. A few years after it was established, it was one of the most popular and successful seafood casual dining restaurants in the United States. However, after a lot of seafood restaurants opened through the years, Joe’s Crab Shack became less popular, making the company’s sales decrease. Because of that, they had no other choice but to close 41 branches in 2017. Now that they have a total of 58 stores that are operating, the company is still planning on shutting down more locations so that they could cut some expenses and increase their sales somehow.
Howard Johnson’s is a chain of hotels and motels located in Canada and the United States, but before being like that, Howard Johnson’s used to be a well-known restaurant company. It was established by Howard Deering Johnson, himself, in the middle of 1954. It used to be very successful, with a total of 1,000 branches in America. Well, because of several factors that affected the company’s financial stability, its branches closed one by one.
Houlihan’s is a casual restaurant and bar company that was established in the middle of 1972 in Kansas City, Missouri. The restaurant started great; however, it faced several financial problems that brought a massive impact on their company. As of today, they are in debt of $50,000,000, and that is the reason why they are suddenly closing a lot of branches from different locations – to cut some expenses.
Baja Fresh Mexican Grill
Baja Fresh Mexican Grill, or simply Baja Fresh, is a restaurant company that was founded in the middle of 1990 in Newbury Park, California. People loved the restaurant as soon as it opened. However, as years passed by, Baja Fresh Mexican Grill became less popular. Since 2004 the company’s sales drastically decreased – because of that, Baja Fresh came up with a tough decision to close several branches.
Ground Round Grill & Bar is a restaurant company that was established in the middle of 1969 by another restaurant company, Howard Johnson’s in Freeport, Maine. A lot of people used to visit and eat at this restaurant – it had a successful start, and that was one of the reasons why the owners decided to expand. However, it seemed like the company’s luck suddenly went away as they filed for bankruptcy in 2004. With that, Ground Round was forced to close almost a hundred branches. As of 2020, there are only 17 branches left operating.
Pinkberry is a frozen dessert company. It was founded in January 2005 by Young Lee and Shelly Hwang in West Hollywood, California. All of their desserts taste good, and that is one of the reasons why it became so popular – even celebrities loved and endorsed it. However, because of several factors that negatively affected its sales, Pinkberry was forced to close hundreds of branches that were already failing to reach the quota from 2015 until now.
TGI Friday’s is a restaurant company that features casual dining. It was established in the middle of 1965 by Alan N. Stillman, Daniel R. Scoggin, and Alan Stillman in New York. From its founding year up to present, the restaurant has a total of 870 branches all over the world. However, in 2019, the company announced that they would suddenly be shutting down several branches coming from different locations due to financial reasons.
Carl’s Jr. has an inspirational back story. Before becoming the fast-food chain that we all know today, Carl’s Jr. used to be a hotdog cart that was laying around 1941. Its founder, Carl Karcher, did his best to succeed and turn his cart into something more significant – and he did! Carl’s Jr. became a well-known fast-food restaurant and built several branches in Canada and the United States. However, just like any other restaurant, Carl’s Jr. faced management and financial problems, making the company close several branches.