Applebees Is Closing Dozens Of Restaurants To Save On Costs Applebee's Close More Than Expected In 2023
In a bid to grapple with mounting challenges, the popular international chain, applebee’s, finds itself facing unexpected closures in 2023. Dozens of applebee’s across the country are closing down this year. A franchisee, apple central kc, has filed for chapter 11 bankruptcy and made the difficult decision to close eight applebee's restaurants — and rather abruptly.
Applebee's Is Shrinking & Closing Dozens of Restaurants This Year
Popular restaurants like applebee's and red lobster are shuttering spots because of economic woes donald trump wants a sovereign wealth fund. The owner of applebee’s announced that americans can expect 25 to 35 closures across the country by. But tony moralejo, applebee's president, has since warned in a.
Applebee's execs had initially forecast between 10 and 20 net closures for the year, per restaurant business.
Here are the risks and rewards,. The business reported a disappointing second. But, that could be changing soon for some people. Despite this, applebee's continues to flounder.
To keep afloat, the chain said it expected to close up to 35 locations in 2024. Red lobster abruptly shuttered more than 50 of its u.s.
Applebee's abruptly closes popular restaurant's doors after more than
Just announced Applebee's is closing up to 135 restaurants
Applebee's abruptly closes popular restaurant's doors after more than
Applebee's to close dozens more restaurants than expected in 2023
Applebee's Is Shrinking & Closing Dozens of Restaurants This Year
