10 Big Restaurant Chains Closing Multiple Locations Right Now
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- Опубликовано: 9 июл 2024
- In recent years, the restaurant industry has been navigating through a storm of challenges, each wave more tumultuous than the last. Picture this: vibrant dining rooms once filled with laughter and the clinking of glasses now stand eerily quiet, shadows of their former selves. The pandemic was a wrecking ball, swinging with relentless force, shuttering doors and dimming neon signs across the globe. As the world ground to a halt, so did the lifeblood of countless eateries, leaving restaurateurs grappling with empty tables and silent kitchens.
Yet, COVID-19 was just the beginning. Supply chain disruptions turned sourcing ingredients into a high-stakes scavenger hunt. Prices soared, and the simple act of buying meat, vegetables, and even basic cooking oil became a daily battle against inflated costs and scarce availability. Add to this the labor shortage, an exodus of workers leaving behind a gaping void in an industry built on human touch and service. Restaurants have found themselves in a tug-of-war for talent, offering unprecedented wages and benefits just to keep their doors open.
The result? A seismic shift in the landscape of dining. Beloved chains, once cornerstones of comfort and convenience, are now facing the unthinkable: the need to close stores to stay afloat. It's a dramatic reshuffling, an industry on the brink, fighting to adapt, survive, and maybe, just maybe, thrive once more. As we dive into the stories of these ten restaurant chains, it’s clear that the battle for survival is far from over, and the casualties are mounting. Without further ado, let's check out this list!
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I've been touch will financial
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This is actually the tip of the iceberg for restaurant closures - just getting started.
That's also so sadly true.
Agree
@@Didshesmileatme Also can second that.
Powell FINALLY did what he should have done a year earlier...but, what about the other side of the inflation equation of fiscal policy? Did sniffy Joe Biden decelerate or more appropriately, reduce government spending? NO, THAT SOB HAS 1/2 OF THE RESPONSIBILITY FOR REDUCING INFLATION, but, he poured GASOLINE on the fire and shirked his responsibility onto the Fed. That in itself is a TREASONOUS offense.
Wendy s, papa John's, dairy queen, bojangles , taco bell, Carraba's Italian grill (outback steakhouse), crumbi cookies, waffle house...
I made chicken and eggplant parmigiana with garlic bread and it was delicious.
Rao’s vodka sauce, mozzarella and fresh basil from the garden.
I made a huge fruit tart for a family gathering, that was a big hit. It's 22$ for a nine inch one at the grocery store. You do need an immersion blender for the pastry filling though, otherwise lumpy.
Doctor Doom! He's our man! If he can't scare us, no one can!! 😅
….ya the perfect voice for a “ Christmas Carol” ….for the kids lol
U never fail; I’ve come to enjoy your comment as much as I luv me some dr doom
albert pike 3 world wars 1871 154 years in the making
Oh NO! Does this mean that we will have to eat real taco's from now on!?!
ANOTHER REALLY REALLY GOODE ONE..THANK YOU..!!!
I like how this English guy says Tack-O Bell!
And pap a Johns
And Crappa's italian grill
tacky
Funny mess...😂😂
It’s all made of AI
I quit eating out s couple years ago. Partly because of cost and partly because of Health. Shit is terrible for you
Powell FINALLY did what he should have done a year earlier...but, what about the other side of the inflation equation of fiscal policy? Did sniffy Joe Biden decelerate or more appropriately, reduce government spending? NO, THAT SOB HAS 1/2 OF THE RESPONSIBILITY FOR REDUCING INFLATION, but, he poured GASOLINE on the fire and shirked his responsibility onto the Fed. That in itself is a TREASONOUS offense.
Who else is of the opinion that subsidies for the oil industry should end and use those subsidies for food services? I think oil is going to be okay.
The problem is, landlords don’t want to rent/lease to mom and pop restaurants as they don’t have the backing of stockholders to keep them afloat when times are bad.
That's also something to think about really are tough these days and unrealistic expectations aren't helping either.
Minimum wage plague.
Nope it's debt!
@@American-Motors-Corporation Debt is another economic machination of monstrous greedy blob that keeps repeatedly collapsing but won't die off/ They've weaponized capital by means of conventional economics/ Jobs, taxes, debt, inflation and other governmental ploys are unnecessary evils/
.
I took the money I saved by not eating fast food and I bought a cookbook.
Never going back to that fast garbage again.
Recipes for anything you could possibly want are available on RUclips too.
Me too
Force people to wear face diapers…. Now you close down forever was it worth it?
People don't mention this enough.
We went to Jason's deli durring the enforced dipers, which was not a long period here in Texas, by summer, masks were off of half the population, anyway, it was so depressing we've never been back, and will probably never go there again. There is psychology at play, that no one mentions. In the 90s, Jason's deli had a huge baked potato for 5$. Now all the food is priced way over what is reasonable to pay. I remember those good times. It's too sad, I can't even look at that restaurant.
@@mohammedjeffali1076 yes inflation is out of control…. Thank the politicians for giving away our tax $$$$$$$$. And govt waste….
I’m ready. Thanks for preparing me for years
No, you aren't. No one is
@@KingfishStevens-di9ji we all end up in the same place eventually.
As ready as we can be , take care my friend !
@@BuddyH69Psalms 37 : 10, 11 & 29 say's otherwise
@@kimgordon3695 you are correct. The person I replied to didn’t seem like he’d be interested. God bless
Items that were a dollar a year ago are now 10 and APPARENTLY TO VALUABLE, to leave unsecured.
Those that are doing Uber Eats partly rely on gig work to help make more money to make ends meet. This will be a devastating blow to their secondary income that is necessary to live.
Powell FINALLY did what he should have done a year earlier...but, what about the other side of the inflation equation of fiscal policy? Did sniffy Joe Biden decelerate or more appropriately, reduce government spending? NO, THAT SOB HAS 1/2 OF THE RESPONSIBILITY FOR REDUCING INFLATION, but, he poured GASOLINE on the fire and shirked his responsibility onto the Fed. That in itself is a TREASONOUS offense.
Good stuff.
I already changed strategy. No spending money unless I have to! I’m on schedule paying off debts one at a time, even a little ahead of schedule.
Smart move 👍
@@saintgermain6031 What’s smart is Zero percent interest.
Good girl..keep going. Don't look back
That's great. I got a handle on a spending and debt too. it easy.
Nobody can make a situation sound more hopeless than "Dr. Doom."
Brains, bravery, and solid commitment, get you anything you want. Certain actions today, secure a decent problem free future.
Gee imagine that. No one wants to do business in Oakland Ca.
Street view tours of Oakland almost as good as SF. Spotting the poopers is not even challenging
Funny he never talks about the debt obligations of these companies either on a quarterly or a yearly basis!
Lock away thieves not shoppers out! We must begin to become the Law when the Law stops working.
Most of the theft occurring is done by the government…. Family court stole my kids and now half of any paycheck I get…. I choose to live off my VA disability and work cash jobs rather than be extorted by the state
Supply costs are up, labor costs are up, prices are up, transactions are down.
end x
Like a bad BJ ..
The supply is the demand/ Central bank industries and wealth mismanagement companies are capitalizing on the master and slave dichotomy of conventional economics/ Corporations are federally licensed drug cartels/ Amazon and Starbucks do the supplying and receive unlimited funding and also control the finances/ Why do you think there are spiralling vacancies in commercial, office and retail sectors in cities worldwide? Corporate hegemony is the principal factor in the creation of abject destitution, violent crimes, homicides, debilitating stress and homelessness/
Gas effects all of what you said. First day in office. This guy shuts down oil production. Nord Stream pipeline explosion. (shhh, same guy caused it) Then he gives our reserves away. To a country with 4 yellow stars an a red background. That country sells back what was freely given to them. Cause and effect.
Their plan is working, as intended.
At 3am June 25th I had a clear vision in my sleep the American dollar Crashed and I was outside my bank trying to pull the door open but the banker told me it wasn't my money anymore
I think something is coming in july
@@patrickslomka2017 Legalization of counterfeit money, implementation of UBI and the absolute obsolescence of conventional economics in addition to the abolition of government/
They took the WHOLE safe!
when we fail ,, we say they stealing, now we look successful.
Restaurant chains were overbuilt. These are the full-service, sit-down restaurants within a five-minute drive of my home: Longhorn, Carrabba's, Buffalo Wild Wings, Cheddars, Red Robin, Bahama Breeze, Olive Garden, Hooters, Texas Roadhouse, Mellow Mushroom, Miller's Ale House, Cracker Barrel, Chianti's Pizza, Outback, and Ruth's Chris Steakhouse. There are too many restaurants chasing too few customers.
If close dq in my area they be riot. Lol
Diarrhea queen yum
I think someone said twin peaks and hootiers doing okay but not super busy
Crumbl Cookies has sadly gotten really expensive.
They are outrageous in price...
Really have to think about that nothings going right since day 1 and still thanks for this so sad these places are in trouble along with the rest but it's not like we still live in nostalgia and it can't pay the bills.
A lot of restaurants are closing because they raise the price on the rent tremendously...
This is insane. People are hungry money!! Sad!!
Powell FINALLY did what he should have done a year earlier...but, what about the other side of the inflation equation of fiscal policy? Did sniffy Joe Biden decelerate or more appropriately, reduce government spending? NO, THAT SOB HAS 1/2 OF THE RESPONSIBILITY FOR REDUCING INFLATION, but, he poured GASOLINE on the fire and shirked his responsibility onto the Fed. That in itself is a TREASONOUS offense.
IT'S A NEW WORLD 🌎 AND NEW GENERATION.....
CEOs Should’ve used their ppp loans in a better way 😂😂😂😂
They just opened a new IN-N-OUT out here by my house a few months ago out here in Perris, Ca.
The one in Oaktown is just in the wrong spot now. The crime is crazy.
I don't think IN-N-OUT is hurting at all.
I sure wish they would open one up near our town - in Yucca Valley.
😴
@@kimgordon3695 I guess you don't believe that? Lol.or bored out of your head maybe
Depends how deep .. 😂
New In n Out in Redlands, CA
Poor service, high price food, higher wages and crime they have reason to close.
Nope, it's high labor cost, high wholesale prices and lack of patronage
@@KingfishStevens-di9ji That's what she said, stop being a Karen.
@@KingfishStevens-di9jiit's 6 corporation collapse (live)
@@kimgordon3695 Kimmy, is everything ok?
No, that's largely excuses.
Honey how many of these people realistically get 40 hours a week furthermore even when they paid the lower wages most of these people were not getting 40 hours a week most people across the spectrum of restaurant no matter if it's sit down or fast food or fast casual dining for pretty much the past 14 or 15 years it's been known that the majority of the workforce in those places is going to get somewhere between 13 and 16 hours a week no more than 20 hours a week someone's it might have a slight bit of authority such as a shift manager otherwise known as the third manager might get 25 to 28 hours a week but regardless of your rank there are our caps.
So everyone's been spoon fed the bullshit propaganda about the proverbial $15 an hour or nowadays in California the proverbial $20 the problem with this is nobody bothers to do any math particularly analytical Mass simply because if you did it would shatter your illusions that you may already have.
As far as wholesale goes well yeah there's been a bit of a price hike on wholesale side however I can say that it's not as bad as some make it out to be.
Take an Italian restaurant for instance I'm in they're not going to use any more hamburger and a lasagna than they absolutely have to and you know what is the size of commercial baking pan 18 to what maybe 21 in how many pieces of lasagna can you get out of that pans it by the way they're going to sell to your ass for 12 to $13 slice and then of course the pasta itself is fucking dirt cheap I mean even if I went to make this lasagna at home paying retail for the hamburger the cheese the noodles and the sauce I could do that lasagna for literally under $35 and then if I was able to turn around and sell it to your ass for literally 11-13 a slice I mean come on you still made well over $180 off of one fucking pan of lasagna and then they're going to whine and cry they can't afford to pay the waiters more money?
And unfortunately most of the public doesn't bother to do any of those mathematical figures there again go figure out what it costs you on retail side buying it out of the store for yourself and my news don't go get the most expensive of everything go down to the cheap store you know you can get a 5 lb roll of burger for like $16 you can get the lasagna noodles for maybe a little over a dollar if it were spaghetti I know that you can get those for 99 cents now I'm in central Ohio so the price is will there and then of course go get yourself a couple of cans of hunts sauce don't go buy the expensive shit because if you think the restaurants are using the expensive supposed good stuff then I'm afraid you have rocks in your head they do not use that stuff a lot of the times will buy from suppliers one of which is called I supply another of which is called presto foods they are not using name brand sauces they are using cheap shit that they may or may not decide to season up
Crumbl cookies had criminally high cookies made from store bought cookie mix. You can make the same cookies at home for a fraction of the price using the same store bought mixes. They should close down.
It more of the loss of jobs rather than the sludge & billionaires that own the stores.
Ta-Co Bell 😂
Room!
😮
Some of these restaurants just need a makeover. People have to eat. I like what Domino's did to their menu/business model. Pizza, sandwich, pasta, dessert or salad🥗 will please most customers.
Three, pah pah jons
So payton manning and shaq are going to feel the hurt too.
Went to a mall I few months ago, mall was nearly empty but all the food restaurants in the food court are still open ????? People were eating at a few of them but was nothing like it was 10-15 years ago was super busy, people enjoyed shopping at the malls, times have certainly changed since the pandemic, economy inflation
Stealing a safe is inside job
IN-N-OUT? Holy smokes 🚬 Cindy, so sadly. 🍔
I deliver knives services to 50-60 kitchens a day . We are about 14 drivers here in my city but the company is located nationwide . Past month 3 restaurants closed , pizza restaurants. Mostly pizza restaurants, and many are very slow business
Cook your own damn meal, most of this stuff isn't healthy or affordable. 🤡👹
😂😂😂 True.
Our congress has no idea how we Americans are feeling, we individuals are fed up with this treasonous administration. I feel for people with disabilities for not getting the help they deserve... Thank you Kathy Shay.. imagine i invested $4,000 and received $6,550 in 4days.
You're right, recently my little investment of $6,000, which was part of my salary brought me up this height applying Kathy Shay's analysis for beginners
Yeah Kathy Shay Has Really Set The Standard For Others To Follow, We Love Her Here In The UK, as she has been really helpful and changed lots of lives
Same here, I operate a wide - range of investments with help from my financial advisor. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Kathy Shay, has been an amazing experience.
I've heard about her, low income people are suffering to survive, I appreciate her she's a great personality in the state, imagine receiving $4,250 in few days
Considering the economic situation I ask,?? How can we save our families and friends from financial slavery! But thanks to Kathy Shay whom God has sent to guide me through financial processes
Don't mind me folks, I'm just here for my daily dose of DOOOOOM!!!
Things are only getting WORSE!
@@SalahP.SecondzMatthew 24
Me too.
Whatever is impeding human evolution is doomed/ Creation is destruction/ If we're not evolving in our thinking and lifestyle, we inevitably render ourselves extinct/ Economy of the medieval epoch is expired and not viable in the modern era/
I stopped eating fast foods I was shocked today when I went to McDonald's and got a small fry it was $3.13 for a small order of french fries no wonder all the fast foods are starting to go under Clash of $25 for a halfway decent selection
It's not a surprise....thankfully I'm a chef I Prepare my own foods. I can create anything I see. 🤔
Business closures are a global problem due to government regulations and property taxes. Workers continue to be less productive..
an employee doesn't always #WORK THEY COLLECT A CK
Does anyone know when the Build back better starts? ANYONE!
It's nothing more than a campaign slogan like all the previous ones! What's happening now is the culmination of years of overspending by both the govt and its citizens! The damage is done and to think that a return to the normal of what people have grown accustomed to is wishful thinking!
You left out the last three words “ for the elite”
Crumby lmao
Wendys and Taco Bell are the only ones I've heard of
So the real root cause of most of these restaurants is problems and pretty much all of these restaurants on this list what's his channel is not telling you the large amounts of debt but these companies are in that's literally the root cause of all the problems so you can go ahead and regurgitate corporate speakers and rising wholesale costs but in reality it is simply they dug themselves into a hole and they can't really get out of it.
You guys got to stop with all the restaurant reports Nothing we can do about it. you need to have more pertinent information than just restaurant chains closing. We know they're closing we've been knowing that they're closing for years.
They are building an in and out burger. In Arvada CO
Brutal
WTF is a TAh-ko? Tah-co
like Tony soprano always said.....what are ya gonna fng do
People forget that the govt DEBT was already big before covid. Aust, US ect all got hit hard with Printing and housing bubbles already there were added to by 50% and still going with Int rates high and people broke????? Very strange crossroads now.......
Yeah thats what happens when they handed our manufacturing sector to China. Now the service industry is dying behind it, and all people care about is ''free stuff''. We are phukt. Period.
we are no longer fiat
@@kimgordon3695 Not sure what you mean?
🎉🎉Go Brandon!!!!!!! 🎉🎉🎉
Another coward that doesn't understand causality.
he's in his basement
Got to rettool get rid of dining rooms,cashier and lazy managers
I think I'll be ok, if any of these restaurant chains, close all of their stores.
fast food is expensive and it taste like shit now
It always tasted like 💩
It was way better 2000-2005 never again😢
We are in the final stages of capitalism. High cost, high rents, high prices. These things dont go down but just go up and up as thats how the capitalist see growth and interest.
Epic? Its all collapsed 😢 is anyone there (echo))))
Crumby 🤔
Food selling is big LOSS sector,
Food selling is passion not a business
Restaurants fail due to lack of management skills. To research what the customer wants. When you follow the same model without
Research and thought, the price is failure. Following what you did in the past and just raise prices leads to failure.
Very Sad 😞 indeed 😮
Very sad. 😢
ww3 is looming all planned since 1871
So that makes another curious question how can you have it both ways?
First they want to bitch piss in mines at the labor costs have gone up a lot then they turn around and want to dump on the would-be workers by saying that there's a shortage of this workers well if there's a shortage of this workers the technically that means that your labor costs have actually decreased and or they have not actually budged.
So you can't say that labor costs are exuberately high when you're not even running quarter of the staff that you would have ran 15 years ago.
What will happen next?
harmageddon
I am a Teacher, and it is just TOO EXPENSIVE to eat out. So, we can't pay $20+/$25+ per plate for just some stupid fast food. So, we are Googling COPYCAT RECIPES and cooking at home.
Really good for you since these days and with this situation now it really is dangerous.
RUclips also is a good source for recipes.
@@jeannettecampbell3062 Oh yeah so terribly true though careful considering people these days and the poor mindset may also want to deal in that and read carefully about what you're making.
The narrator is in fine fettle. He loves his job.
byedenomics
In and out closed it's Oakland because of crime.
Restaurants threw me out of their establishment for refusing to wear a humiliating daiper on my face. I don't feel too bad for them.
There were laws they had to follow. The ones who made the law, typically city councils, are who you should blame.
FJB
Now they would beg for your business
@@raymyrick780 - Unless the puppet masters showed something scarry on the T.V. again. The controllers can conjure up their communist armies any time they want to.
It’s not what it used to be. Except for bbq and a Mediterranean restaurant nearby - all locally owned / operated - I’m not eating out.
Well what the dairy Queen in franchise holders aren't telling you much like all the other restaurants simply they are in mountains of death so they're blaming staff shortages but they're also trying to blame wages for all other problems the reality of it is most of the root of their problem comes from the fact that they borrowed themselves into a hole.
Of course I can also say that dairy Queen has always been on the pricey side it's only really been recently that I've noticed that their prices have become more in line with other fast food restaurants.
The town I grew up in we have one dairy Queen and then there's a small town adjacent to it that here in the past 20 years got a dairy Queen but I can say that the whole time I was growing up I only had dairy Queen maybe three times because it was too expensive we had an independent dairy aisle in my town that's actually what the business is called and then there was also a couple other small independent dairy bars around town and they redeem to be far better and actually cheaper than dairy Queen.
Now recently my wife and I have taken some trips to town that's pretty far out we've done it just to go on a drive and we've hit up the dairy Queen in that town and believe it or not their prices aren't bad and we've hit up another dairy Queen past 2 years it is a more busier area and I will say that overall their prices seems to have come back down to Earth but I also fear that it's probably too little too late for them.
Spooky doom and gloom for fast food eaters
FJB
With Jesus Christ as your personal Lord and savior you will definitely have a seat reserved for you at the table at the supper feast of the wedding when we are finally 🙏 🙌 ❤ home with Jesus Christ give your heart to Jesus Christ before its too late ❤ 🙏 ♥ 🎉
read Psalms 37: 10 , 11&29
😂😂😂🤣🤣🤣
We are living in the end times.
Repent and accept Jesus as a savior before too late!
THEY SHOULDNT BE GREEDY
YAY It's Dr Doom!!!! FJB!!!!
America and Americans must live within their means
The means will go up every few years. At some point the paycheck will all be taxes.
Americans need to think before they vote.
Another AI voice video 😂😅😂😅
Scary 😂😅😂
The incompetence and corruption that runs through this administration are getting more ridiculous. I feel for people with disabilities not getting the help they deserve. Thank you Katrina Charles, imagine investing $10k and I receive $51k in 5 days.
Everyone needs more than their salary to be financially stable. Investing it with a reliable source is the best
That is true my dear, Investment is the
best idea presently and without it,human struggles are worthless.
This inflation has taught people the importance of multiple income investment helps a lot.
Getting Katrina Charles, to help me really helped me clear all my debts. I started with what I have left and it's been the best decision I ever made
Katrina Charles, exactly that's her name, her good works and unique strategy is indeed announcing her profession
I hope Applebee's goes out. I hate them ❤
Well supposed pandemic you could argue is it okay maybe perhaps it did exacerbate a few things, you could even argue that maybe it's sped up a few things.
But I argue we were on this trajectory anyway, go look up a RUclips channel called mashed, and look at some of the videos that they had that dates back to 2019-18 17 and clear back to 16 and a lot of those videos they are talking about some of the known restaurant chains and of course back then they were wanting to blame the millennials for not going to those restaurants.
Of course than aware that the shuttering of most of these businesses in 2020 certainly did not help of course that cost money.
But I wonder once they reopened everybody flooded this place all the sudden Applebee's had more customers than they knew what to do with in the past 10 years.
And that's just one example even Red lobster had a resurgence in business, of course like everything the regrand opening will die down after 5:00 but this is it you went from not doing very good business to completely shutting the business down and then you went to reopen where there was a flood of business since then the levels dropped off but question did it drop below what it was in 2019 before all this shit got started or did it drop down to the levels of their worst year out of the past 10 years and yet it seems to be getting even worse but quite frankly I will say most of this really just is based on the income deficiency across the population meaning 2020 has become a false marker in time.
There is a contributing factor of what happened in 2020 I'm not denying but what I'm saying is that everything is now being blamed on 2020 when I know for a fact that a lot of these businesses was struggling prior to 2020 and they were most likely going to go under anyway I'm not saying that 2020 should be permitted because they were going to go under anything no we were wrong to do 2020 the way it was done.
But I am saying there is a situation to where a lot of things the car industry restaurants retail was all basically failing prior to the year 2020 and yet because of what happened in 2020 everybody is using it as an out even though there was massive problems before any of that shit occurred.
So it's what I call a false marker time basically that's what 2008 2008 was nothing more than an announcement by the government that there was a problem but the real crash particularly in real estate happened at least 4 years before you could argue it happened back in 2000 to 2001 but the bottom line is it happened way before the announcement was made basically that's all the 2020 West the virus was used to cover up for a lot of problems particularly in retail but businesses at Large.
GOD BLESS TRUMP 2024❤❤❤❤❤❤❤
hahahahahaha
Increasing Ze Minimum Wage..will Do Squat eXcept for making the owner do as mcpigs does Kios ordering system followef by robots and AI....And mske them part time jobs instead of " FULL TIME " JOBS..till they bring in ze " Beast System!!" 😂
Probally all " Dumbed Down woke sheep??"😂😂😂
You are an AI guy 👎
Welcome to BIDENS America!!!!!