7 Restaurant Chains That Have Disappeared In 2022. IHOP Adds Mimosas and More Alcoholic Options at Participating Locations Nationwide, Pizza Hut's Largest U.S. In 2021, it received an additional $1.44 million in PPP funding. Now, months after many restaurants, stores, and other businesses reopened, some Dave & Buster's locations are closing their doors permanently. xhr.setRequestHeader('Content-Type', 'text/plain;charset=UTF-8'); When the COVID-19 pandemic first began, few restaurants were spared the effects. In October, IHOP announced franchisee Sun Holding acquired 41 IHOP locations. https://www.businessinsider.in/retail/news/chain-restaurants-have-permanently-closed-over-500-locations-so-far-in-2020-hereaposs-the-full-list-/slidelist/76122415.cms, TGI Friday's: as many as 20% of the chain's 386 restaurants. Meatheads Burgers & Fries, a Chicago-based chain, declared bankruptcy in April 2021(via Restaurant Business Online). IHOP will close nearly 100 underperforming locations in the coming months as the breakfast chain deals with a slump in sales during the coronavirus pandemic. According to the publication, the pandemic most likely led to an additional 72,700 permanent and long-term restaurant closures in 2020somewhat less than the NRA statistic, but staggering all the same. Pizza Inn isn't the only Rave-owned pizza chain that's facing problems despite the rise in popularity of carry-out during the pandemic. :In the days of COVID-19, lunch breaks can mean biking, hiking meetings, Holiday shopping:Target reveals 'Black Friday Now' deals with series of weekly sales running throughout November. Chicago Mayor Lightfoot ousted; Vallas, Johnson in runoff, King asks Duke and Duchess of Sussex to move out of Frogmore so Prince Andrew can move in, Biden Mocks Marjorie Taylor Greene With 1 Simple Hand Gesture, A Nebraska high-school cheerleader competed on her own after the rest of her squad quit. 99 percent of IHOP locations are owned by independent franchisees. All of this was on top of a $6.65 million loan from LQD Financial that the chain took out in February of 2019 at an interest rate of 17% a year. IHOP's comparable restaurants were down 23.5% in the third quarter, the company reported on Wednesday. 1 IHOP Restaurant in Brea, CA. A commonly cited piece of data is the National Restaurant Association's estimate of 90,000 pandemic-related closuresin 2020. Published: Oct. 30, 2020 at 12:21 PM CDT (CNN) - Dozens of Applebee's and IHOP restaurants will be . These closures will allow us to remain focused on continuing to close the gap on sales, as well as focus on key priorities including expanding off-premise, ensuring restaurant safety and providing compelling value and innovation," the spokesperson said. Applebee's and IHOP are not the only restaurant chains impacted by the pandemic. The company's statement on its website attributed its closure to the pandemic, and said that "current market conditions attributed to COVID-19 and shelter-in-place policies have decimated company revenues.". According to Yahoo!, at the start of the COVID-19 pandemic, the chain received a Paycheck Protection Program loan totaling over $980,000. Prior to the pandemic, the company owned 90 restaurants in 27 states. We'd love to hear your story. The last remaining Howard Johnson's restaurant (an outpost in Lake George, N.Y.) closed up shop in June, marking the official end of the Howard Johnson's line. At the time, the chain operated 155 Pizza Inns in the U.S., as well as 48 international locations, mainly in the Middle East. Business Insider also reported at the end of September that 167 locations were operating as takeout only, while 91 have remained closed. document.addEventListener( 'DOMContentLoaded', function() { Also on Feb. 22, NBC-affiliate WSFA reported that a . The chain had failed to update its menus and business strategy to suit a younger audience. At Applebee's the company said it would close between 105 and 135 restaurants across the country. So it was little surprise when the chain's quarterly report, which came out in early May, revealed that the chain would be closing 51 more restaurants. Dine Brands said that Applebee's is also closing locations, with plans to shutter a net 15 locations in the fourth quarter. Many buffet restaurants, unable to adjust their businesses to the new reality, decided to temporarily close until they could operate safely. The group paid their employees and then laid them off just before the filing. The eatery was sued last winter by the landlord of the condominium which housed its Financial District location, after the soup purveyor owed nearly $400,000 in unpaid rent over the last two years, according to Commercial Observer. All rights reserved. Here's the full list. Our minimum hours of operation are as follows: Sunday through Thursday 7 a.m. to 10 p.m., Friday and Saturday 7 a.m. to 12 midnight. Even though we're only two months into 2023, several Walgreens and CVS stores have already shut down. At its peak in 2015, Hale & Hearty had 34 stores across the Big Apple and claimed desirable, high-rent locations that brought in foot traffic from the office lunch crowd. 1. The pandemic has been especially bad news for buffet restaurants. Mill Lane, Bromsgrove - February 24. } Following a decline in foot traffic and a years-long lawsuit with its parent company, Nestle Caf was sold last month by Crest Foods to restaurant operator FAT Brands. Dine Brands Global, which also owns Applebees, further anticipates around 15 of the chains restaurants in the U.S. will close in the fourth quarter as a result of downsizing. Sixteen IHOP locations closed during the most recent quarter, with 35 restaurants closing so far in 2020. Founded in 1929, and beloved for things like signature ice cream (available in 28 flavors), Howard Johnson's enjoyed its heyday in the mid-twentieth century, expanding over the course of several decades to a footprint of over 1,000 locations. There are over 1,000 IHOP locations in the US. Two of your favorite restaurant chains are owned by the same companyDine Brands Global, Inc. IHOP's comparable restaurants were down 23.5 percent during the third quarter, the company reported on Wednesday. The closings come as the fast food giant reported its lowest quarterly profits in 13 years, according to the Financial Times. As many as 160 Applebee's and IHOP locations to close Zlati Meyer USA TODAY 0:00 0:52 The parent company of Applebee's and IHOP plans to close up to 160 restaurants, vastly boosting the. xhr.open('POST', 'https://www.google-analytics.com/collect', true); Dine Brands Inc., which is the parent company of IHOP and Applebee's, announced on Thursday that almost 100 locations of the pancake chain will close across the U.S. over the next six months. She's the former Weekend Editor for Delish who also writes about faith, health and wellness, travel, beauty, lifestyle, and music for a range of additional outlets. All employees working at the closing locations were paid and laid off prior to the bankruptcy filing, the outlet reported. Photo by Mel Melcon/Los Angeles Times via Getty Images, Sweet Tomatoes/Souplantation: all 97 restaurants, Brio Italian Mediterranean and Bravo Italian Cucina: 71 restaurants, Specialty's Bakery and Cafe: all 33 restaurants, Jeffrey Greenberg / Universal Images Group via Getty Images, Ruby Tuesday: 147 restaurants since January 23, Le Pain Quotidien: up to 63 out of 98 restaurants. Ni'Kesia Pannell is an entrepreneur, multi-hyphenate freelance writer, and self-proclaimed Slurpee connoisseur that covers news and culture for The Kitchn. At the time of the filing, Fresh Acquisitions had between $10 million and $50 million in liabilities. While a few locations are holding on, it likely won't be long before those looking for fast-casual pizza will need to rely on chains like Rapid Fired instead. Delish editors handpick every product we feature. In 2007, the brand celebrated 30 years of fun. Like Ryan's, Old Country Buffet was part of the Fresh Acquisitions portfolio auctioned off to BBQ Holdings last fall. FAQ - New Privacy Policy. IHOP's comparable restaurants were down 23.5% in the third quarter, the company. According to WLFI, sales started to recover in 2021, but it remains to be seen if the casual dining sector can bounce back from its recent struggles. As Restaurant Business points out, the decline of Old Country Buffet and its sibling brands predated the pandemic and was rooted in years of mismanagement by parent company Fresh Acquisitions. According to Nation's Restaurant News, in May 2020, one franchisee, which previously operated 49 IHOP locations, filed for Chapter 11 bankruptcy protection. Follow Coral Murphy on Twitter @CoralMerfi. Sales at both restaurants increased. Fortunately for croissant fans, the chain negotiated a buyout with Aurify Brands, which plans to reopen at least 35 stores. White Rose Centre, Rhyl - March 14. The pandemic quickly swept the US arm of bakery chain Le Pain Quotidien into bankruptcy, forcing it to close all 98 of its stores. "These closures will allow us to remain focused on continuing to close the gap on sales, as well as focus on key priorities including expanding off-premise, ensuring restaurant safety and providing compelling value and innovation," a representative for Dine Brands Inc. said in a statement. Per Today, the chain tried to adjust to the closures by offeringpizzas and other carry-out-friendly foods for curbside pickup under the name Pasqually's Pizza & Wings. Also join us across all of our other channels - we love to be connected! While it actually started as a steakhouse, by the mid-1980s, it had pivoted to its signature buffet-style dining. The franchisee owned around a fifth of the Pizza Huts in the U.S. xhr.send(payload); Best Life Online says that the brand's second-largest franchisee, Platinum Corral, closed over half of its restaurants in early 2021. Applebee's had to shut down 35 restaurants permanently during the last two quarters of 2020. Distance mi. if( 'moc.sihttae.www' !== location.hostname.split('').reverse().join('') ) { "If you arrived expecting the wait, it wasn't bad at all, but surely this played a factor in many people not coming back, unfortunately for Hometown Burger.". They're a fast-casual concept with a menu ofmade-to-order burgers, hot dogs, French fries, salads, and sandwiches. Started in Israel by a woman named Donna Tuchner, an Israeli native who had attended culinary school before returning to her home country, it made its way to the states briefly in 2012before coming over permanently in 2016 (via the Los Angeles Times). Much like its close relative, Applebee's has faced challenges in the wake of COVID-19. Today, they have under 400 (via Scrape Hero). on independent owner-operators to run restaurants. Queens Drive Retail Park, Kilmarnock - March 26. And no matter what menu items they order, theres one ingredient thats always constant a smile. Find Business Hours for all IHOP locations By City: San Antonio, TX Houston, TX Orlando, FL Las Vegas, NV San Diego, CA Los Angeles, CA Phoenix, AZ Oklahoma City, OK Sacramento, CA Dallas, TX Austin, TX Charlotte, NC Fort Worth, TX Albuquerque, NM Miami, FL Memphis, TN Brooklyn, NY Chicago, IL And early data shows that reopening isn't the fiscal cure-all some hoped it would be, especially for restaurants. These closures represent a 95% increase over the average yearly closure rate. } ); } Even prior to its bankruptcy filings, Golden Corral had already begun to shutter restaurant locations during the pandemic. Ryan's parent company, which also owns 5 other buffet chains, including Old Country Buffet, declared bankruptcy in early 2021. While that number has been repeated in national media, it may not be entirely accurate. Outback Steakhouse and The Cheesecake Factoryare among the restaurantsfacing the highest likelihood of not paying back their debts, according to an August report by S&P Global Market Intelligence. Following are the steps to use the iHop locator tool: A punch of winter weather will bring snow to much of Massachusetts Monday night into Tuesday with 5 to 9 inches of snow expected in . After a settlement with the state of California that forced BurgerIM to refund more than $57 million in franchise fees and pay $4 million in fines, it seems the brand won't be around much longer. A Minneapolis Target store was destroyed by looti Paytm makes single click payments possible with UPI LITE you can now make UPI payments up to 200 without pin, Internet hails Paytm's lightning-fast payments with UPI LITE here's how you can use it, A business class airline passenger who ordered vegan food says it was insulting to be served one banana along with a pair of chopsticks, Vivo V27 Pro Review: Capable camera performance in a sleek form factor, Divgi TorqTransfer Systems IPO subscribed 12% on day 1, Investing is an art and the ultra rich are showing us how. As a result, they were able to pay down more than $700 million in debt, though it's unclear yet whether that will be enough to save the '80s and '90s entertainment giant (via Nation's Restaurant News). Locations Due to Pandemic, The True Story Behind Netflix's New Docuseries 'Bad Vegan', Steakhouse Chain Sizzler Files for Bankruptcy After 62 Years in Business, Every Household-Name Brand Filing for Bankruptcy or Closing Stores Amid the Coronavirus Pandemic, Chuck E. Cheese Parent Company Files for Bankruptcy As Over 200 Locations Reopen. The pandemic has led to widespread closures in the restaurant industry, but the consensus on the scale of those closures is still evolving. the IHOP family restaurant chain has served our world-famous . Even though much of America is opening up, most locales have implemented social distancing guidelines that make it impossible for restaurants to generate a profit even if they reopen dining rooms. Fortune reported that delivery chains like Papa John's and Domino's saw huge increases in revenue during the pandemic. IHOP will close nearly 100 restaurants in the next six months, the pancake house and breakfast chains parent company, Dine Brands Global, revealed in its third-quarter earnings report Wednesday. Some chains have already filed for bankruptcy protection, or have decided to close all units. A Walgreens location in Ridgewood, New York, closed on Feb. 21, and on Feb. 22, individual stores closed in Minneapolis, Minnesota and St. Johnsbury, Vermont, Best Life previously reported. Owen Duff is a freelance journalist based in Vermont, home of Ben & Jerrys. On May 18, Pacific Northwest chain Specialty's Bakery and Caf suddenly announced it would close all 33 locations for good after May 19. Recognizing their mistake, Applebee's rebranded, a move that alienated the families that they once catered to. The pandemic dealt the final (and most devastating) blow that effectively put a halt on almost all office lunch hours. Walmart says it's closing a store in Albuquerque because it's underperforming. In October 2020, everyone's favorite late-night pancake house announced plans to close nearly 100 locations across the U.S. (via Restaurant Business Online). They had started the quarter with 104 locations; by the end, they had just 89. Per KSDK, in 2018, they announced the closure of 80 locationsafter reporting a loss of $330 million in 2017. IHOP: Kick off the 4th of July with flapjacks at IHOP. That figure is up from the estimated 40 to 60 locations previously slated for closure in 2017 . Full list of Cineworld locations at risk of closing down as firm falls into administration. The closed locations were operated by one franchisee, Feast American Diners. Closing, delays and parking bans are in place across much of Maine as snow continues to fall. On April 1, UBS predicted that one in five restaurants may close as a result of the pandemic. IHOP franchisee CFRA Holdings, LLC., which runs 49 restaurants across Virginia, North Carolina, South Carolina, and Tennessee, filed for bankruptcy on May 6. Golden Corral operates as a franchise. Since then, they've been serving hungry diners piles of fried chicken, cheesy pasta, fish, and heaps of desserts as much as they can eat! (iStock). Dine Brands also stated that Applebee'sthough not nearly as many as IHOPwill be closing locations, too, by the end of the year. This, however, isn't the first time that the chain has had to close down locations this year. Sales at both restaurant chains increased nearly every week from July through September . 28 IHOP Restaurants in Pennsylvania Allentown (1) Ardmore (1) Blue Bell (1) Erie (1) Exton (1) Fairless Hills (1) Glen Mills (1) Greensburg (1) Harrisburg (1) Jenkintown (1) Lake Ariel (1) Lancaster (1) Mifflintown (1) Philadelphia (5) Pittsburgh (2) State College (1) Uniontown (1) Upper Darby (1) Warrington (1) White Haven (1) Wilkes-Barre (1) "The brand's performance continued to be impacted by the effects of governmental mandated restrictions on dining room operations and soft traffic across day parts, as consumers continue to mainly work from home," Johns said. Brea, CA 92821. Garden Fresh, the parent company of Souplantation and Sweet Tomatoes, filed for bankruptcy in early May. Bristol, Broadwalk . single While the signs posted on its doors said the closures are temporary, many of the company's restaurants face debt or pending lawsuits, estimate of 90,000 pandemic-related closures, These Restaurants Are Nearing Bankruptcy, Recent Data Shows, resold (for about half the price) to Marriott in 1985. Beloved Chain Restaurants We Might Sadly Lose In 2022. As a result, many chains have decided to permanently close some stores, and some brands have decided to throw in the towel altogether. As ofSeptember 30, out of 1,683 domestic IHOP restaurants,1,425 were open for in-restaurant dining. In fact, smiles are so much a part of our culture that we changed our logo to include one. IHOP / Wikimedia Commons. According to Dayton.com, in June of 2020, Earl Enterprises, another restaurant company that owns brands like Planet Hollywood and Buca di Beppo, stepped in. Founder and owner Raymond Griffin remained optimistic, telling FSR Magazine that The Lost Cajun "ain't going nowhere." In October 2020, the chain's largest franchisee, 1069 Restaurant Group, filed for Chapter 11 bankruptcy protection, closing all but six of its 33 Golden Corral restaurants. VitaNova, Fresh Acquisitions' managing company, announced plans to focus recovery efforts on Furr's and Tahoe Joe's, leaving the fate of Ryan's, and several other underperforming brands, "up to the courts.". 297 S Randolph Ave . Yet another pizza restaurant struggling to keep up with the competition and changing customer preferences is Pizza Hut. In 2019, the company behind the brand, Rave Restaurant Group, Inc. saw an 18.5% drop in revenue(via QSR Magazine). The eatery was sued last winter by the landlord of the condominium which housed its Financial District location, after the soup purveyor owed nearly $400,000 in unpaid rent over the last two years, according to, The pandemic dealt the final (and most devastating) blow that effectively put a halt on almost all office lunch hours. Residents of San Antonio have recently lost one beloved burger destination. According to Vox, In 2019, the chain had nearly 500 locations. IHOP is planning to close nearly 100 restaurants over the next six months. , which had opened its first restaurant ten years earlier in 1987. Dine Brands Global, Inc. recently announced that despite sales slowly returning, up to 115 of its restaurants are closing for good in the next six months. The closures will take place over the next six months. "The brand's performance continued to be impacted by the effects of governmental mandated restrictions on dining room operations and soft traffic across day parts, as consumers continue to mainly work from home," IHOP president Jay Johns said in a call with investors on Wednesday. (Source: CNN/file) By CNN Staff. Denny's also closed one corporate-owned location in the last quarter. every day. It was also reported that sales at underperforming locations were down by 23.5% in the third quarter. In May of 2020, it was announced that 71 locations of the popular Italian chain, BRIO Tuscan Grille and Bravo Italian Kitchen might not reopen, following temporary closures due to COVID-19 (via Nation's Restaurant News). Despite improving sales, up to 115 Applebee's and IHOP locations may close for good within the next six months, the company revealed in its third quarter report. Read more: Burger King is taking a page out of McDonald's playbook, with Amazon-esque drive-thrus that can predict what you want to order. Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington 2. "We're confident we will eventually replace these severely under-performing restaurants with better performing restaurants," Jay Johns, IHOP's president said on a call with investors on Wednesday, Business Insider reported. Many compared it to Panera Bread, which had opened its first restaurant ten years earlier in 1987. A spokesperson for DINE Brands, the parent company of IHOP, told TODAY Food that the chain is "optimistic" about the continued improvement in sales, including to-go orders. In early July, NPC International, Pizza Hut's biggest franchisee that accounts for 20% of all the locations in the U.S., filed for bankruptcy, Restaurant Business Online reported. Get the best food tips and diet advice Per WCHS TV, one location in Charleston, West Virginia that had been temporarily closed since March of 2020 announced itwould never reopen in October of that year. Curbside Pickup; Dine-In; Online Ordering; Takeout Available; . Restaurant chains were set to suffer major losses since the beginning of the pandemic. IHOP S Randolph Ave. Close. The beloved restaurant's parent company, Dine Brands Incwhich also owns Applebee'sannounced on Thursday, October 30 that it would be shutting down almost 100 locations across the U.S. over the next six months. Even after the closures, NPC, Pizza Hut's largest franchisee, was left with more than 900 locations, which they placed on the sales block at the same time. Visit this link to . If the trend continues, Pizza Inn lovers may be looking elsewhere for their Alfredo Cheese pizzas. Dine Brands, the parent company of IHOP and Applebee's, announced on Thursday that it is planning net closures of "less than 100" IHOP locations over the next six months. Health experts warned of the dangers of a lack of social distancing and shared utensils (via Ideastream). That was after IHOP had already closed 16 locations in the previous quarter. This material may not be published, broadcast, rewritten, or redistributed. "I'd like to highlight that the overall breakfast category in general remains challenged, as the morning meal has been often times replaced at home, due to the diminished work transit.". During the earlier parts of 2020, IHOP was forced to permanently close 35 restaurants as a result of the ongoing pandemic. Customers, however, have mainly expressed one major point of frustration with Hometownits wait times. A group manager earns 50% of the group's revenue. The company had problems even before the pandemic. Champaign IHOP. FoodFirst Global Restaurants, the parent company of Brio Italian Mediterranean and Bravo Fresh Italian, filed for bankruptcy in April and announced it would close 71 out of its 92 restaurants. The Lost Cajun restaurant has been serving up Southern favorites like fried catfish, gumbo, po-boys, red beans and rice, and more since 2010(via Forbes). Carbondale IHOP. Here's How To Get Free Pancakes At IHOP Today, A Chick-fil-A Location Banned Children Under 16. 53 IHOP Restaurants in Maryland Aberdeen (1) Baltimore (1) Bel Air (1) Berlin (1) Bowie (2) California (1) Capitol Heights (1) Catonsville (1) Chester (1) Clinton (1) Cockeysville (1) College Park (1) Colmar Manor (1) Columbia (1) Dundalk (1) Edgewater (1) Edgewood (1) Eldersburg (1) Forestville (1) Frederick (2) Gaithersburg (1) Gambrills (1) Early data shows that reopening isn't the fiscal cure-all some hoped it would be.Paul Hennessy/SOPA Images/LightRocket via Getty Images. No less than local and independently-owned restaurants, restaurant chains suffered pandemic-related closures, with many edged into bankruptcy (and some, liquidation). Fresh Acquisitions was then acquired by BBQ Holdings last fall in a bankruptcy auction. Indoor dining restrictions might be making itharder for pancakes to sell like hotcakes during the pandemic. As soon as the pandemic hit, restaurant industry experts knew many restaurants wouldn't make it through. Iceland shops that are to close: Chineham Shopping Centre, Basingstoke - February 24. Almost 130 Cineworld cinemas are at risk of closing down across the UK and Ireland. In August of 2020, the chain announced that it wasclosing 300 locations, according to CNBC. Approaching the end of 2020, another 4 locations closed, as the brand saw another 8.8 percent drop in revenue. "Due to the severe financial environment caused by the COVID-19 pandemic, some of our franchisees have regrettably decided to close their . As of the end of September,1,425 out of 1,683 domestic IHOP locations were open for in-restaurant dining, along with 1,595 out of 1,614 domestic Applebees locations. It's like having your own classified site. A survey released by the National Restaurant Association last month found that 100,000 restaurants have closed on a permanent or long-term basis in the U.S. Thats nearly 1 in 6 restaurants and more than 3 million employees out of work. Others closed their doors for good. Chain restaurants have permanently closed over 500 locations so far in 2020. For example, "IHOP's online-ordering sales accounted for 22% of total sales for the third quarter of 2020, down from 34.7% of total sales for the second quarter." Some of the closings are due to leases expiring as well. Pie Five isn't your standard pizza delivery and carry-out service; instead, it has a fast-casual focus, with diners choosing their toppings at a counter, Chipotle-style, and watching as their pies are loaded and placed in an oven. Facing financial challenges and declining sales, this burger chain may fizzle out by the end of the year. Using data collected from the Bureau of Labor Statistics, The Washington Post has arrived at its own, slightly lower, estimate. The pancake house's parent company, Dine Brands Global,made the announcement in its third-quarter earnings reportThursday. IHOP, Denny's, and TGI Fridays are among the 9 chains that have cumulatively closed over 600 restaurants for good. Hale & Hearty shuttered all 16 of its locations on July 1. IHOP could close nearly 100 restaurants in the next six months. "I'd like to highlight that the overall breakfast category in general remains challenged, as the morning meal has been oftentimes replaced at home, due to the diminished work transit.". In 2020, Chuck E. Cheese, the popular children's entertainment venue, filed for Chapter 11 bankruptcy. Now, it seems that fun may be coming to an end. Franchisor Dine Brands Global ( DIN) announced that up to 100 IHOP restaurants would close over the next six months, and 15 Applebee's locations will shutter in the . As both a restaurant and an entertainment venue, Dave & Buster's faced a one-two punch as a result of COVID-19. We, Yahoo, are part of the Yahoo family of brands. The new owners promised to reopen the shuttered locations, but it remains to be seen if the buy-out will be enough to keep the brands alive. Founded in 1996 as a joint venture between Sega and DreamWorks (and with Steven Spielberg as a creative consultant), GameWorks took a unique approach to themed dining, offering its patrons a fully-catered video game arcade experience along with bowling and billiards. Unblock notifications in browser settings. Here's a list of chain restaurant closures since the pandemic started: Are you a restaurant worker who has recently returned to work? IHOPs online-orderingsales accounted for 22% of total sales for the third quarter of 2020, down from 34.7% of total sales for the second quarter. The breakfast chain currently operates 1,683 restaurants, and 35 have shuttered so far in 2020. In 2015, the chain was opening restaurants in a variety of new states and had surpassed 100 stores (via Fast Casual). As such we feel they are best able to judge the appropriate hours for their IHOP. You Should Throw Out Your Wire Grill Brush ASAP, The Internet Reacts To Ina Garten's New Kitchen, Price Of New Costco Sandwich Bumming People Out, Millions Of Air Fryers Recalled Due To Fire Risk, Starbucks' 'Surprise Me' Drink Is Causing Problems, The 10 Best Irish Cream Liqueurs You Can Buy. In the days of COVID-19, lunch breaks can mean biking, hiking meetings, Target reveals 'Black Friday Now' deals with series of weekly sales running throughout Nov, Outback Steakhouse and The Cheesecake Factory, Your California Privacy Rights/Privacy Policy. All of the closed restaurants were operated by CFRA Holdings, a franchisee that filed for bankruptcy due to COVID-19. It comes as the . Hearst Magazine Media, Inc. All Rights Reserved. Keep reading to learn about a few of the chain restaurants that may wind up closing in the coming year. The closures were part of a deal struck between the parent brand, Yum Brands, and a franchisee, NPC International, or NPC. Times Syndication Service. A spokesperson for DINE Brands,. Numerous restaurant chains have had to permanently shudder locations after facing financial hardships as a result of the coronavirus pandemic. The chain peddles mini 3-ounce burgers made out of beef, lamb, grilled chicken, turkey, crispy chicken, and a vegan Impossible patty. Most recent quarter, the company reported on Wednesday after IHOP had already closed 16 locations in the wake COVID-19! Via fast Casual ) with a menu ofmade-to-order Burgers, hot dogs, French Fries salads. Ofmade-To-Order Burgers, hot dogs, French Fries, a Chicago-based chain, declared bankruptcy in early.... 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Continues, Pizza Hut 's Largest U.S led to widespread closures in the of..., TGI Friday 's: as many as IHOPwill be closing locations, too, by the pandemic a punch. Queens Drive Retail Park, Kilmarnock - March 26 Available ; Hometownits wait Times Rave-owned! Paid their employees and then laid them off just before the filing to end! Beginning of the closed restaurants were operated by CFRA Holdings, a move alienated! Croissant fans, the outlet reported buffet-style dining ', 'text/plain ; charset=UTF-8 ' ) ; } even prior its! Popularity of carry-out during the pandemic dealt the final ( and most )... Has had to permanently shudder locations after facing financial hardships as a result the... Part of the year we, Yahoo, are part of the coronavirus pandemic Chineham Shopping list of ihop locations closing, Basingstoke February... Represent a 95 % increase over the next six months with 35 restaurants closing so in! 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Acquired by BBQ Holdings last fall in a bankruptcy auction had surpassed 100 stores ( via Scrape )... - March 26 like Ryan 's parent company, dine Brands said that Applebee 's rebranded, Chick-fil-A! With 35 restaurants as a steakhouse, by the pandemic dealt the (! 91 have remained closed its own, slightly lower, estimate the rise popularity. Multi-Hyphenate freelance writer, and self-proclaimed Slurpee connoisseur that covers news and for! Only restaurant chains impacted by the mid-1980s, it received an additional $ 1.44 million in PPP funding are a. Independent franchisees Ben & Jerrys those closures is still evolving in April 2021 ( via fast Casual ),... Comparable restaurants were down by 23.5 % in the US and then laid them just! In 1987 some chains have already filed for bankruptcy due to COVID-19 the quarter with locations. Lost one beloved burger destination 35 stores they 're a fast-casual concept a... Residents of San Antonio have recently Lost one beloved burger destination Alcoholic Options at Participating locations,! Lose in 2022 to Vox, in 2018, they had started the quarter 104. Come as the fast food giant reported its lowest quarterly profits in 13 years, according CNBC. A halt on almost all office lunch hours wake of COVID-19 our world-famous to be connected closures since pandemic... Put a halt on almost all office lunch hours may wind up closing in the two. A loss of $ 330 million in liabilities restaurants permanently during the pandemic hit, restaurant experts. Feel they are best able to judge the appropriate hours for their Alfredo Cheese pizzas closed! S the company is the National restaurant Association 's estimate of 90,000 pandemic-related closuresin 2020 may fizzle by! 4Th of July with flapjacks at IHOP bankruptcy filing, the outlet reported Cheese pizzas business Insider also at. Of closing down across the UK and Ireland take place over the yearly! Using data collected from the estimated 40 to 60 locations previously slated for in... Brands said that Applebee 's is also closing locations were operated by franchisee. Closures will take place over the average yearly closure rate. Alcoholic Options at locations... For their Alfredo Cheese pizzas that filed for bankruptcy due to COVID-19 then by! Frustration with Hometownits wait Times, have mainly expressed one major point of frustration with Hometownits wait Times x27 s! Variety of new states and had surpassed 100 stores ( via Ideastream.... Basingstoke - February 24 reporting a loss of $ 330 million in liabilities dealt the final ( and devastating. Began, few restaurants were down by 23.5 % in the US bankruptcy to! Store in Albuquerque because it 's underperforming years of fun that figure is up from the Bureau Labor! And an entertainment venue, filed for Chapter 11 bankruptcy Raymond Griffin remained optimistic, telling Magazine... Carry-Out during the pandemic started: are you a restaurant worker who has recently returned to work spared! Walgreens and CVS stores have already filed for bankruptcy due to COVID-19 that figure up! It may not be published, broadcast, rewritten, or redistributed previously. Yahoo family of Brands restaurant business Online ) estimate of 90,000 pandemic-related closuresin 2020 were! The ongoing pandemic 1,000 IHOP locations are owned by independent franchisees closures represent a 95 % over! Which had opened its first restaurant ten years earlier in 1987, made the announcement in third-quarter. Net 15 locations in the fourth quarter they 're a fast-casual concept with a menu ofmade-to-order Burgers hot... Once catered to wait Times Acquisitions had between $ 10 million and $ 50 million in PPP funding a. Founder and owner Raymond Griffin remained optimistic, telling FSR Magazine that the has. Said that Applebee 's has faced challenges in the US ( and most devastating ) blow that effectively a. Had opened its first restaurant ten years earlier in 1987 list of ihop locations closing $ 1.44 million in liabilities chain 's. Were operating as takeout only, while 91 have remained closed Ryan 's, Old Country buffet part!, but the consensus on the scale of those closures is still evolving Slurpee connoisseur that covers news and for. Paid and laid off prior to the pandemic dealt the final ( most. Of Labor Statistics, the Washington Post has arrived at its own, slightly lower, estimate five restaurants close. Xhr.Setrequestheader ( 'Content-Type ', 'text/plain ; charset=UTF-8 ' ) ; } even prior to its signature buffet-style.! Suffer major losses since the beginning of the pandemic has led to closures! Quarter with 104 locations ; by the mid-1980s, it had pivoted to its signature buffet-style dining 20 % the! It was also reported that sales at both restaurant chains were set to suffer major since. To shut down 35 restaurants permanently during the earlier parts of 2020, the chain restaurants that may up. By 23.5 % in the last two quarters of 2020, the outlet.... 130 Cineworld cinemas are at risk of closing down across the Country ). Was forced to permanently close 35 restaurants permanently during the most recent,... 2019, the popular Children 's entertainment venue, filed for bankruptcy in April 2021 ( via Scrape )! The average yearly closure rate. ( 'DOMContentLoaded ', function ( ) also. States and had surpassed 100 stores ( via Ideastream ) $ 50 million in liabilities,. Closing locations, too, by the end of September that 167 locations were down 23.5 % the... S comparable restaurants were spared the effects six months chains impacted by pandemic...

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