Even though there were only 10 locations of the Planet Hollywood-owned All-Star Café in its late '90s-heyday, odds are you knew about this chain, especially if you were a kid during the decade. By Nick Corbishley, for WOLF STREET: After more than three months of not being able to serve either food or drinks, KKR-owned Casual Dining Group (CDG), one of the UK’s largest restaurant groups, collapsed into administration, a form of bankruptcy under UK law, on Thursday. Applebee's parent company — which also owns IHOP — closed 99 of the "neighborhood grills" last year and recently told analysts that up to 90 more would be gone by the end of 2018. We adhere to strict standards of editorial integrity to help you make decisions with confidence. Chi-Chi's peaked with 237 locations in 1986, but it was all downhill from there. Too big to fail? In 2008, after all the locations had closed, a new owner stepped in with a promise to return it to profitability. PE firms sit on lots of cash but won’t invest it in their stripped-bare and failing restaurant chains. July 12, 2013. Sushi as outlets swing open their doors to customers again Thousands of venues across the country have reopened for the first time in months.
You could be missing these restaurant chains in 2020. Please be aware that some of the products and services linked in this article are from our sponsors. It's last call for many Applebee's restaurants as the chain tries to freshen up its image and dump locations that aren't keeping up. Sushi has warned that restaurants that don’t make customers feel safe as lockdown restrictions ease “will fail”. These Restaurant Chains May Not Survive 2020. We tend to think of the chain restaurant as a lumbering behemoth; an easily replicable, formulaic money machine that packs in customers no matter where they’re plunked down. Not these guys. The hospitality sector in England has started to reopen this weekend as coronavirus lockdown restrictions are eased - but one restaurant chain boss has warned that outlets "will fail" unless they focus on keeping guests safe above all else. Take Bennigan's, for example. Famous restaurant chains that are surprisingly failing today Getty Images By Cat Lafuente AND Joel Stice / Dec. 7, 2017 12:08 pm EDT / Updated: Sept. 2, 2018 9:26 pm EDT Restaurants that do not focus on keeping guests safe in the face of coronavirus “will fail”, warned the boss of Yo! 11) All-Star Café . At the same time, some chain restaurants that we thought had been left for dead are getting a second wind. The 11 Biggest Failed Chain Restaurants Slideshow. Not these guys.
Dan Myers. Today, a rebranded Bennigan's has 31 domestic and 44 international locations, with six more coming soon. By. The boss of restaurant chain Yo! By Neve Gotshalk Nov. 06, 2019. Too big to fail?