IHOP recently announced that around 100 locations are expected to close in the next six months, while Steak 'n Shake announced in May that it's permanently closing 51 restaurants. By June 2019, the Del Frisco's Restaurant Group would be sold to a private-equity firm for a staggering $650 million. 2020 may be considered the "Year from H-E-double-toothpicks" for many of us, but for the owners and employees of these restaurants that closed, it was the worst. Sign up for Insider Retail. FoodFirst Global Restaurants is the parent company of Brio and Bravo!, and announced that it would be closing 71 of its 92 restaurants. There are many restaurant chains that will be closing locations by 2020 for different reasons. Forced to Close … Pier 1 Imports: The home goods retailer filed for bankruptcy, following years of decline … Pret will soon start consultations with staff as it pushes forward with plans to shut these 30 sites in the second half of the year. It is not known how many employees have been made redundant. 3. Hazel – The Neighborhood Restaurant Group’s eclectic Shaw dining room has shut down for the winter. More Restaurant Closings In 2020: IHOP, Applebee’s To Shutdown Locations Franchisor Dine Brands Global (DIN) announced that up to 100 IHOP restaurants would close over the … Specialty's Bakery and Cafe: all 33 restaurants. A local restaurant is seen closed at Hells Kitchen area as city prepares for reopening on June 18, 2020 in New York City. Britain’s hospitality sector is fighting to recover from the impact of the Covid-19 pandemic and UK lockdown. Lexington lost nearly 40 bars and dining spots in 2020. The company said recent sales had plummeted by 74 per cent compared with the same period last year. New CDC study could raise concerns about indoor dining Sept. 11, 2020 03:22 The Italian fast-casual chain Vapiano went into receivership in April and advisors from Duff and Phelps were officially appointed as administrators. The hope is that a baked goods company will buy the remaining 30 restaurants and the franchise rights to 20 or so more, to keep the chain alive. The Bellwether. … Bistrot Pierre was bought in a pre-pack administration, plans to shut these 30 sites in the second half of the year, Bella Italia, Cafe Rouge and Las Iguanas called in the administrators, was formed to save a chain of restaurants, 30 restaurants were later bought out of administration, closed permanently after the brand’s owners placed the business into liquidation, Rules forcing pubs to serve 'substantial meal' with alcohol set to be scrapped, reports claim, The Prime Minister is said to want to get rid of the rule when lockdown restrictions are eased, List of shops that have collapsed into administration in 2020 as UK lockdown hits high street, The high street was under pressure before the pandemic - and many retailers are now struggling to survive, Anglesey auctioneer to appear on new BBC show The Bidding Room with Nigel Havers, Simon Bower, is senior auctioneer and newly appointed director of Morgan Evans & Co, Restaurant chain boss confirms Barry Island site for new venue, The founder of the Loungers group says they will be opening a new restaurant in the South Wales town in 2022. According to a report by Business Insider, as of July, Ruby Tuesday had shut down around 150 locations over the course of the year. This Was Most Beautiful Takeout San Francisco Restaurants Served in 2020 Bay Area Food Insiders Relied on These Restaurants … According to Restaurant Business, Red Robin's same-store sales fell 65.2% for the week that ended April 12, 2020. Months later, in November 2019, CEO Chris Pappas said, "We are not pleased with our shareholder value, same-store sales, guest traffic results, or corporate overhead.". The chain has struggled to connect with younger customers and keep up with the industry's pivot to delivery and curbside options. Though the closures won't amount to much, as there are still 7,116 Taco Bell locations in the United States, residents of Kodiak, Alaska, will no longer be seeing the taco chain near their homes. Nineteen locations closed as part of the bankruptcy restructuring. 10 Lexington restaurants and bars that closed in 2020. Business Insider reported that earlier in May, Denny's executives said they would not be surprised if more franchisees requested to close restaurants permanently, but that the chain is "not at the point right now.". August 1 Five located at 524 Van Ness Ave. in San Francisco announced that it would permanently close its doors Dec. 20, 2020. A man is seen stacking up chair of a closed restaurant on Ocean Drive in the entertainment district of Miami Beach on July 20, 2020 in Miami Beach, Florida. Eat out to help out meal discount scheme: How will it work, when will it apply, and who is taking part? According to Restaurant Business, "Burger King executives said the company plans to close 200 to 250 low-volume locations per year over the next couple of years.". According to Mashed, Boston Market's then CEO, Frances Allen, said last year that the closures were necessary in order for the company to have a shot at surviving in the long-term. 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