Restaurant Chains That Are Closing Branches In 2020

Published on 06/04/2020
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Krystal

This southern burger chain is similar to White Castle and it is famous for the bite-size burgers it serves. Just like its main competitor, White Castle, Krystal has had to close underperforming restaurants. It announced it would be closing down all of its locations in Jacksonville, Florida, though the staff members wouldn’t lose their jobs automatically. The second-oldest fast food restaurant in the South, Krystal allows employees to move to nearby branches. In addition, it has shut down all of its branches in Virginia.

Krystal

Krystal

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Denny’s

American restaurant Denny’s serves diner-style fare. It has been operating since the early 1950s, when it was established in Lakewood, California. Recently, it announced it would be undergoing some restructuring, which would target between 90 and 125 restaurants. The founders, Richard Jezak and Harold Butler, likely had no clue their business would have such an explosive growth. The diner chain has revenue of $630.18 million per year as of 2018. Currently, there are 1,685 Denny’s all over the world, 1,593 of which are located right here in the US. The restaurant is headquartered in North Carolina.

Denny’s

Denny’s

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