Chain Restaurants closures. In May 2020, an IHOP franchisee filed for bankruptcy, permanently closing 49 restaurants in Tennessee, Virginia, North Carolina and South Carolina. The parent company of regional salad bar and soup chain Souplantation and Sweet Tomatoes has announced that it is permanently closing all 97 locations citing the coronavirus pandemic and the increasing difficulty for running buffet-centric restaurants. The company is also experimenting with outdoor tent seating following social distance regulations. Click through the slide show above for a list of some of the biggest restaurant chains that are forever closing a number of locations. While mom and pops have borne the brunt of the virus, many chains have felt the effects as well, with entire systems being wiped out in some cases.. Credit: Chain restaurants across the U.S. have been facing major hardships brought on … Lord & Taylor is a relic that has been around since 1826. CFRA Holdings, a franchisee operating 49 IHOP locations, filed for bankruptcy in early May and cited the coronavirus as the primary reason, according to FSR Magazine. Best & Worst Refinance Mortgage Companies of 2021, 19 Great Ways To Supplement Social Security Every Month That Many Didn't Know, Expert: “This credit card is so good I signed up personally”, only four national chains posted a profit. According to an update from franchisor Dine Brands Global on the impact of the COVID-19 pandemic, roughly 340 IHOP restaurant units have Get push notifications with news, features and more. The coronavirus pandemic has affected many businesses causing them to file for bankruptcy or simply close their restaurants permanently. The company has over 1,800 locations. Sweet Tomatoes/Souplantation: Closing all … Canyon Creek is a sibling brand to Jack Astor's and Scaddabush run by SIR Corp. On the list of businesses decimated by the cratered U.S. economy, restaurants are near the top. “Nonetheless, I believe that Q2 represents the trough in our performance as McDonald’s has learned to adjust our operations to this new environment.”. The stay-at-home and quarantine guidelines designed to abate the coronavirus outbreak have hit most industries very hard. Joel Page/Portland Portland Press Herald via Getty. Garden Fresh Restaurants, the company behind buffet chains Souplantation and Sweet Tomatoes, announced that it would be permanently closing all 97 of its restaurant locations in early May. Restaurant Chains That Are Closing Locations In 2020. Connect with friends faster than ever with the new Facebook app. December 1, 2020 9:18 am. Chiquito, Food and Fuel, Frankie and Benny's and Wagamamas The Restaurant Group put the Chiquitos chain into administration at the end of March. CFRA Holdings, an IHOP franchisee that runs 49 restaurants across Virginia, North Carolina, South Carolina, and Tennessee, filed for bankruptcy on May 6. Don & Melinda Crawford/Education Images/Universal Images Group via Getty. Trade groups estimate that up to 30% of restaurants could permanently close because of the pandemic. Like us on Facebook to see similar stories. In addition to the grim reality for restaurants, bars and clubs have endured an especially high closure rate as a result of coronavirus. (Related: Check out our list of 10 Best & Worst Dishes At Applebee's. YC's Mongolian Grill, an Arizona-based chain of make-it-yourself stir-fry restaurant, permanently closed three of its five restaurants in Arizona amid the ongoing COVID-19 pandemic. “Some of it depends on how quickly sales come back.”. Chain restaurants across the U.S. have been facing major hardships brought on by the pandemic, and many including Pizza Hut, McDonald's and IHOP have been forced to permanently … Garden Fresh Restaurants, the company behind popular buffet chains Souplantation and Sweet Tomatoes, is permanently closing all restaurant locations amid the ongoing coronavirus pandemic.. Garden Fresh said it has been losing about $1 million per week since shuttering its 97 locations in March due to the global health crisis. The exact locations that will be closing have not been disclosed yet, but NPC did state that employees of shuttering locations will be moved to better-performing Pizza Huts. (Related: Check out The Best & Worst Menu Items at Steak 'n Shake. The beloved Italian restaurant chain is all but disappearing completely, with 71 of its 92 locations closing permanently in April. These 20 popular chains are closing the most restaurants in 2019. ), Dine Brands Global also announced that 264 Applebee's Neighborhood Grill franchises have closed since the beginning of the year as well. Here is a list of 9 major chain restaurants that decided to permanently close locations: DGI Friday: 20% of 386 locations or 77 restaurants closing. 50 Most Popular Restaurants That Have Closed Permanently Due to the Pandemic. this link is to an external site that may or may not meet accessibility guidelines. These closed Denny's locations were all operated by one franchisee: Feast American Diners. https://moneywise.com/a/these-restaurant-chains-are-closing-2020 Restaurant Business magazine reported that the company had already been struggling with declining sales and closed 10 locations in January 2020. Many of the chain restaurants on this list started out the decade in a good position, with high dine-in traffic and healthy sales. The survey of 4,000 restaurant owners and operators provides a stark picture of the devastation facing the industry as dine-in service is closed to customers: A huge number of them do not expect to make it through to the other side of the shutdown. Parent company FoodFirst Global Restaurants subsequently filed for Chapter 11 bankruptcy and hinted the closures of the remaining 21 locations may be coming in the near future. Nearly 16,000 restaurants have closed permanently due to the pandemic, Yelp data shows There have been 26,160 total restaurant closures. The chain has been withering and closed its New York City flagship store in January 2019. RELATED VIDEO: How a Canceled Event Inspired This Food Caterer to Give Back to Frontline Workers. From the onset of the COVID-19 pandemic, it was clear that the restaurant industry would be one of the most affected sectors. The Best & Worst Menu Items at Steak 'n Shake. As information about the coronavirus pandemic rapidly changes, PEOPLE is committed to providing the most recent data in our coverage. Popular west coast chain Souplantation — also known as Sweet Tomatoes outside of Southern California — announced it will not be reopening its doors after all of its locations were temporarily shut down at the start of the coronavirus pandemic. McDonald’s is closing 200 U.S. locations for good. Yauatacha, a Michelin-starred dim sum restaurant that operates just seven locations around the world, is set to close its only American location, in Houston, in February. The coronavirus pandemic has led to the closure of tens of thousands of restaurants across the country, and many of them will never reopen. Introducing ... PEOPLE's Products Worth the Hype, Souplantation Announces It Is Closing All of Its Restaurants Permanently in the Wake of Coronavirus. In fact, nearly 110,000 restaurants in America shut down for good due to COVID-19. Garden Fresh Restaurants. Though many chains are only shuttering certain locations, some have closed for good. Garden Fresh Restaurants, the company behind popular buffet chains Souplantation and Sweet Tomatoes, is permanently closing all restaurant … Dan Kitwood/Getty, Credit: Some national chains, both retail and restaurants, are closing outlets in New York City, which are struggling more than their branches elsewhere. Find out what your cat is trying to tell you with a new cat app, Princess Diana died when Harry was just 12 years old, Engineer Creates App To Translate Your Cat, The Sweetest Photos of Princes Harry with Diana, Sean Connery's Cause of Death Revealed Weeks After He Dies at Age 90. Chain Restaurants Are Seeing ... which reported that nine major chains have closed 600 of their locations permanently. In early July, NPC International, Pizza Hut's biggest franchisee that accounts for 20% of all the locations in the U.S., filed for bankruptcy, Restaurant Business Online reported. The Best & Worst Menu Items at Ruby Tuesday. RELATED: Souplantation Announces It Is Closing All of Its Restaurants Permanently in the Wake of Coronavirus. (Related: Check out The Best & Worst Menu Items at Ruby Tuesday.). In May, Potbelly restaurant chain announced that it planned to permanently close up to 100 locations, roughly one-quarter of its total company-owned restaurants. The location is … Momofuku Nishi/Facebook David Chang's Momofuku restaurant group permanently closed two of its restaurants in May due to the coronavirus pandemic. Souplantation, the buffet-style restaurant chain founded and headquartered in San Diego, is permanently closing due to the coronavirus pandemic. The parent company of Brio and Bravo restaurants filed for Chapter 11 bankruptcy in April and permanently shuttered 48 out of nearly 100 locations. A lot more could join them soon: 11% of operators told the trade group that they could permanently close within the next 30 days. 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