Applebee’s to Close as Many as 135 Restaurants Nationwide by Year’s End
Could your neighborhood bar and grill be closing by the end of 2017?
In an article on www.eatthis.com, the restaurant chain may be closing some of their locations that you're use to frequenting.
The president of Applebee's told investors that some of the locations that weren't hitting sales goals would be targeted as well as less-trafficked locations.
The locations of specific Applebee's that would be closing their doors were not revealed.
Reports also say that certain IHOP locations could feel the brunt of slow sales. The company, DineEquity Inc., has been reported by Nation's Restaurant News to close down approximately 25 locations after sales have plummeted. DineEquity Inc., is the parent company that operates and franchises both Applebee’s and IHOP.