You are using an older browser version. Please use a supported version for the best MSN experience.

These Popular Restaurant Chains Are Closing 150 Locations

Eat This, Not That! logo Eat This, Not That! 6 days ago

By April Benshosan

Your neighborhood bar and grill might be closing up shop soon.

If you’re used to spotting multiple Applebee’s restaurants all around town, you may be in for a surprise. After closing 46 restaurants in 2016, the popular casual dining chain recently announced that it’s planning to shut down between 105 and 135 of its nearly 2,000 nationwide locations by the end of the year.

While the company hasn’t revealed exactly which stores would be shutting their doors, Applebee’s president John Cywinski told investors in a sales call that they would be targeting locations that didn’t hit sales targets as well as those in less-trafficked areas.

“These restaurants need to close and perhaps should have closed long ago,” Cywinski told investors, adding that closing down the “underperforming and perhaps brand damaging restaurants” won’t significantly impact overall sales performance.

© Provided by ETNT, LLC

Even after the chain attempted to rebrand itself over the past few years toward “a more youthful and affluent demographic with a more independent or even sophisticated dining mindset,” according to Cywinski, it didn’t help efforts to cease the sales slump. In fact, executives agreed that one of the reasons Applebee’s is struggling is because of its (failed) attempts at appealing to millennials.

And it seems like Applebee’s sister restaurant’s performance isn’t up to par, either. DineEquity Inc., the parent company that operates and franchises both Applebee’s and IHOP, is also considering closing 25 IHOP locations after sales plummeted, according to Nation’s Restaurant News.

While the neighborhood bar and grill continues to make changes and revamp its customers’ dining experience, brush up on these 15 Things To Know About Applebees Nutrition before bidding farewell with a plate of half-priced apps.

MORE FROM EAT THIS, NOT THAT!

15 Things You Don’t Know About Applebee’s

70 Most Popular Sodas Ranked by How Toxic They Are

25 Best Yogurts for Weight Loss

© Provided by ETNT, LLC

Lose Up to 14 Pounds in One Week Eating Breakfast!

The new book Zero Belly Breakfasts will have you looking and feeling great in no time flat, thanks to hundreds of delicious and nutritious breakfast secrets—and more than 100 mouthwatering recipes you can prepare in minutes! Buy Zero Belly Breakfasts today!

© Provided by ETNT, LLC

More from Eat This, Not That!

image beaconimage beaconimage beacon