Say Your Goodbyes Because These Restaurant Chains Are Closing Locations

Published on 12/22/2019
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Red Robin

This burger chain originated in Seattle, Washington back in 1969. Ten years later the first franchised restaurant was built. Today, the establishments hold 562 restaurants, 90 of which are franchises. Unfortunately, after a recent downfall by 85.4%, they decided to close ten locations but are rejecting investors’ opinions to close the company altogether.

Red Robin

Red Robin

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HomeTown Buffet

in 1983, the Hometown Buffet style restaurant was created and reached 250 restaurants when they were at their best. It is a subsidiary of Ovation Brands, which is a subsidiary of Food Management Partners. However, it has recently been under new management after being bought by Food Management. This new change hasn’t been so great for HomeTown Buffet and they have closed down over 200 restaurants as of August 2019.

HomeTown Buffet

HomeTown Buffet

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