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82°
Thursday, jun 4
Tag:
Restaurant Closures
Business
Applebee's Announces New Wave Of Restaurant Closures
Applebee's has announced a new round of restaurant closures for early 2026 as part of a broader strategy to eliminate underperforming locations and focus on more profitable concepts, according to multiple reports. Parent company Dine Brands Global confirmed the closures will include several long-standing locations across the US, including one in upstate New York, according to The Hill. The Glenville Applebee's in Schenectady County at 268 Saratoga Road is set to close permanently on Sunday, April 12, after 10 years in business, CNY News reports. Additional closures have also been con…
Business
Subway Closing Hundreds Of Restaurants Yearly, Aims For 'Smart Growth' Amid Brand Refresh
The largest fast-food chain in the US is rapidly losing restaurants. Subway closed 631 locations in 2024, QSR Magazine reported on Tuesday, April 29. The sandwich giant ended the year with 19,502 restaurants nationwide – the lowest count in nearly 20 years. The Shelton, Connecticut-based company has shuttered about 7,616 locations in the US since peaking in 2015 with more than 27,000 restaurants. 2024 also marked Subway's largest yearly decline since it lost 1,043 locations in 2021. Despite mass closings, Subway remains the biggest restaurant brand in the US. Starbucks …
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