Fiesta Restaurant Group closed 19 Taco Cabana units
Village Inn-Bakers Square parent closed 33 units
American Blue Ribbon Holdings said it arranged for $20 million in financing from its majority equity owner, Cannae Holdings.
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Logan’s Roadhouse, Gordon Biersch, Rock Bottom parent, Craftworks Holdings, closed 37 restaurants and filed for bankruptcy
Asset sale included 261 restaurants; 77 franchise locations not part of Chapter 11 filing.
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Ruth’s Chris Steak House closed 23 restaurants in wake of the coronavirus pandemic
Chain executives took salary cuts as the company shored up its financial position.
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Biglari closed 57 Steak ‘n Shake units permanently in Q1
Specialty’s Cafe & Bakery closed all restaurants in wake of coronavirus
IHOP franchisee CFRA Holdings closed 49 restaurants in North Carolina, South Carolina, Tennessee and Virginia
Denny’s franchisee Feast American Diners closed 15 restaurants in New York
The family-dining brand blamed the coronavirus pandemic’s impact for the shutterings.
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Punch Bowl Social closed two locations in the wake of Cracker Barrel’s divestment
Then-Punch Bowl Social CEO Robert Thompson said “all options have to be on the table” when asked if they were looking into partnering with a new majority investor or selling the company.
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Starbucks planned to close 400 U.S. stores as the company pivoted to focus on express store format
U.S. closures were set to occur over the next 18 months to make room for new pickup and mobile-focused stores.
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Luby’s permanently closed three Fuddruckers and 13 cafeterias
While seeking sale, the company restored some operations after coronavirus closures
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U.S. arm of Le Pain Quotidien filed bankruptcy, closed all 98 domestic units
Dunkin’ planned to close up to 1,150 underperforming restaurants in 2020
Pret A Manger planned to permanently closed 17 restaurants
Potbelly closed 16 units
The sandwich brand said it was continuing “constructive discussions” with landlords.
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Last Cheeseburger in Paradise unit closed permanently in Secaucus, N.J.
Parent Luby’s Inc., which also owns Fuddruckers, was in the process of liquidating assets.
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Pizza Hut closed 672 units
Parent company Yum Brands said nearly half of the closures came from franchisee NPC International filing Chapter 11 bankruptcy.
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Ruby Tuesday permanently closed 185 stores that had shut their doors during the pandemic, leaving 236 operating locations
Ruby Tuesday filed for Chapter 11 bankruptcy, citing “unprecedented impact” of COVID-19.
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Cheesecake Factory closed RockSugar
The casual-dining company said the Southeast Asian Kitchen concept would shut by end of the year.
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Starbucks closed another 100 U.S. stores
The coffee chain lost $1.2 billion in sales in Q4, but CFO Patrick Grismer said the company was recovering faster than expected.
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Sizzler USA filed for Chapter 11 bankruptcy and closed six restaurants permanently
The 62-year-old brand was looking to reorganize to deal with the catastrophic business impacts of COVID-19, the company said.
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Buffets parent VitaNova Brands closed four restaurants permanently
The company, formerly Food Management Partners, said the closures included HomeTown Buffet, Ryan’s and Old Country Buffet units.
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Parent Dine Brands Global said up to 100 underperforming IHOP units may close in next six months
Thompson Hospitality closed three units of Matchbox
Red Robin permanently closed five restaurants and lost $6.2 million
