Name: 24 fast-food and restaurant chains you might see less of in 2021
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24 fast-food and restaurant chains you might see less of in 2021

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Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.An icon in the shape of a person's head and shoulders. It often indicates a user profile.Though many fast-food and restaurant chains were already facing closures before the coronavirus hit, the pandemic has had a devastating effect on the industry., established over 80 years ago, has announced it's shuttering more than 50 branches. Some restaurants, such as Ruby Tuesday, relied on diners eating meals in their establishments, so they've had to make the sudden switch to delivery and takeout — without much success.Take a look at all the fast-food and restaurant chains you'll likely be seeing less of in 2021.Applebee's plans to increase delivery and takeout options, which are already boosting sales, according toBurger King reported plans to close up to 250 restaurants in 2019, with closures coming into effect this year and over the next few years. According to , "Burger King executives said the company plans to close 200 to 250 low-volume locations per year over the next couple of years."On May 12, that a Burger King in Springfield, Massachusetts, closed its doors after 46 years in business.&nbsp;The fast-casual dining chain has faced financial trouble since as far back as 1998, when it filed for bankruptcy. It has also seen declining sales in recent years. , Boston Market's then CEO, Frances Allen, said last year that the closures were necessary in order for the company to have a shot at surviving in the long-term.&nbsp;FoodFirst Global Restaurants is the parent company of Brio and Bravo!, and announced that it would be closing 71 of its 92 restaurants.CEO Steve Layt , "The COVID-19 outbreak truly could not have come at a worse time for our business. The mandated dining room closure orders wiped out 60% of our restaurants within days and since then we have experienced nothing short of devastating sales declines."The closures were related to "unforeseeable business circumstances prompted by COVID-19," according to WARN notices filed by a Denny's franchisee. reported that earlier in May, Denny's executives said they would not be surprised if more franchisees requested to close restaurants permanently, but that the chain is "not at the point right now.""We are assessing our real estate portfolio and working with our franchisees to permanently close off-strategy, low volume sales locations," a Dunkin' representative told ."Earlier this year that we expected to close 450 Speedway self-serve kiosk locations during fiscal 2020, representing less than 0.5 percent of system-wide sales ... Including the 450 Speedway closures, we believe there could be approximately 800 low-volume locations, primarily alternative points of distribution, that may close," the statement continued.In April, the chain announced it would be closing 23 of its restaurants in the Northeast. A spokesperson that the closures were due to "shifting consumer demographics." , 2020, a Friendly's in Rochester, New Hampshire, closed. It was the last one in the Seacoast Region.On November 2, 2020, it was simultaneously announced that and had been purchased by the parent company of Red Mango and Smoothie Factory."Unfortunately, like many restaurant businesses, our progress was suddenly interrupted by the catastrophic impact of COVID-19," Friendly's CEO George Michel said in a statement.&nbsp;During the third quarter, 16 IHOPs closed."While IHOP anticipates closing just under 100 of our underperforming restaurants in the next six months, we are optimistic about the continued improvement in sales numbers and are continuing to see improvement in our off-premise business, which has nearly doubled since the start of the pandemic," a Dine Brands spokesperson said in a statement to .In May, agreed to sell its US assets to Aurify Brands for $3 million through a Chapter 11 bankruptcy proceeding. Aurify plans to re-open at least 35 locations.In March, Houston-based chain Luby's temporarily closed 35 restaurants as a result of the pandemic. Now, the chain is looking to liquidate.In July 2019, Luby's, which also owns Fuddruckers and Cheeseburger in Paradise, closed several restaurants to try and pay off debt, Months later, in November 2019, CEO Chris Pappas said, "We are not pleased with our shareholder value, same-store sales, guest traffic results, or corporate overhead."&nbsp;According to a previous article by Business Insider,&nbsp; in an earnings call that it planned to close around 200 restaurants, around half of which are located in Walmart stores.&nbsp;However, the company plans to open 950 new restaurants by the end of the year, 400 of which will be in China., Perkins split with its partner, Marie Callender's Inc., in 2019. It is now partnered with Huddle House, another fast-casual restaurant chain.&nbsp;, a branch in Westbury, New York, permanently closed and laid off 118 workers. Then, , a P.F. Chang's in Friendship Heights, Maryland, shut its doors for good. It was the last one in Montgomery County.&nbsp;Pizza Hut announced in 2019 that it will be closing over 500 underperforming restaurants in a two-year period though, judging by the recent news, it could end up being more.In August 2019, David W. Gibbs, then president and chief operating and financial officer of Yum! Brands, which operates Pizza Hut, "Our US store count could drop to as low as 7,000 locations over the next 24 months primarily driven by closures of underperforming dine-in restaurants before rebounding to current levels and above in the future."As of November 2, 2020, there are around .According to , Red Robin said its 2019 closures were due to the decline of America's malls; seven of the 10 closed locations were in malls.&nbsp;According to , Red Robin's same-store sales fell 65.2% for the week that ended April 12, 2020.Ruby Tuesday shut down 26 locations in 2019 and has closed even more in 2020. According to a report by , as of July, Ruby Tuesday had shut down around 150 locations over the course of the year. The chain has struggled to connect with younger customers and keep up with the industry's pivot to delivery and curbside options.in June, the coffee chain originally planned to permanently close 400 stores in the United States and Canada over the next 18 months. Then, in October, the company announced it would close an additional 100 locations as begins to "shift away from poorer performing urban markets."&nbsp;However, while some locations are closing, Starbucks plans to open up to 300 pick-up and carryout locations instead.As previously reported, "The burger chain has been struggling for the last several years, 'temporarily' closing over a hundred locations and hemorrhaging millions of dollars as sales plummet."Subway closed more stores than it opened in 2016, and it closed more than 900 stores in 2017. the chain will be closing a similar number of branches as it did in 2019 by the end of 2020.&nbsp;John Haywood, CEO of Garden Fresh, the parent company of Sweet Tomatoes and its sister buffet chain Souplantation, , "The FDA had previously put out recommendations that included discontinuing self-serve stations, like self-serve beverages in fast food, but they specifically talked about salad bars and buffets. The regulations are understandable, but unfortunately, it makes it very difficult to reopen. And I'm not sure the health departments are ever going to allow it."Though the closures won't amount to much, as there are still locations in the United States, residents of Kodiak, Alaska, will no longer be seeing the taco chain near their homes.&nbsp;, the company said that the 19 restaurants were underperforming and that they had $4.2 million in pre-tax operating losses.in May 2020 that Chief Executive Officer Ray Blanchette said that up to 20% of their 386 restaurants will have to close as the chain struggles to draw customers amid the pandemic.An icon in the shape of a lightning bolt.Keep readingNewsletterSign up for our newsletter to receive our top stories based on your reading preferences — delivered daily to your inbox.Something is loading.Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.An icon in the shape of a person's head and shoulders. It often indicates a user profile.Though many fast-food and restaurant chains were already facing closures before the coronavirus hit, the pandemic has had a devastating effect on the industry., established over 80 years ago, has announced it's shuttering more than 50 branches. Some restaurants, such as Ruby Tuesday, relied on diners eating meals in their establishments, so they've had to make the sudden switch to delivery and...

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24 fast-food and restaurant chains you might see less of in 2021

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