The pandemic has touched off another sad chapter in the retail apocalypse, with big-name stores filing for bankruptcy at an unprecedented clip. Chain restaurants and cafes, though generally in better shape than their independent counterparts, are joining the chaos. Some were solidly profitable before COVID-19 shut down dining rooms across the country, while others were already struggling. Here are many notable chains that have closed locations permanently, including some of the nation’s most beloved buffet restaurants.
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Burger King, Popeyes, and Tim Hortons
Locations closed or closing: HundredsRestaurant Brands International is hitting pause on its normally fast-paced growth amid the pandemic. Instead, it plans to identify and close “several hundred” underperforming locations across its three brands: Burger King, Popeyes, and Tim Hortons. The company owns more than 27,000 restaurants around the world and hopes to eventually replace the shuttered locations.
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Microsoft and partners may be compensated if you purchase something through recommended links in this article.
Pizza Hut
Locations closed or closing: 700Dine-in Pizza Huts still exist, but they’ve become quite rare. Hundreds have closed as bankrupt NPC International, one of Pizza Hut’s largest franchisees, shuttered hundreds of underperforming dine-in locations. Pizza Hut says it has also closed many “express” locations that have seen pandemic-related declines in business due to locations in transportation hubs and other hard-hit spots.
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Starbucks
Locations closed or closing: 500Even mega chains aren’t immune from the effects of the pandemic. Starbucks is cutting back on hard-hit urban and cafe-based locations, a decision that means it will close roughly 500 stores in the United States and another 300 in Canada by the end of 2021. However, the closings will be offset by about 850 new stores, many specializing in carryout and pickup.
Microsoft and partners may be compensated if you purchase something through recommended links in this article.
Microsoft and partners may be compensated if you purchase something through recommended links in this article.
Microsoft and partners may be compensated if you purchase something through recommended links in this article.
Microsoft and partners may be compensated if you purchase something through recommended links in this article.
Microsoft and partners may be compensated if you purchase something through recommended links in this article.
Souplantation/Sweet Tomatoes
Locations closed or closing: 97The pandemic has been particularly unkind to buffets, which have had to rethink their business models in light of federal guidelines warning against self-service. Souplantation and Sweet Tomatoes opted for liquidation instead of reinvention, with owner Garden Fresh Restaurants filing for Chapter 7 bankruptcy in mid-2020.
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Fresh Acquisitions
Locations closed or closing: 90+ (estimate)Even if you’ve never heard of Fresh Acquisitions, you’ve probably heard of one of its brands, especially if you love buffets or steak: The company owns Old Country Buffet, Ryan’s, Hometown Buffet, Furr’s Fresh Buffet, and Tahoe Joe’s Famous Steakhouse. The pandemic has forced it into Chapter 11 and closed most of its restaurants, which have dwindled from about 100 to six. The company says it plans to focus on Furr’s and Tahoe Joe’s after it restructures; whether any of the other brands will survive remains unclear.
Microsoft and partners may be compensated if you purchase something through recommended links in this article.
Microsoft and partners may be compensated if you purchase something through recommended links in this article.
Microsoft and partners may be compensated if you purchase something through recommended links in this article.
Specialty’s Cafe & Bakery
Locations closed or closing: 50This breakfast and lunch chain concentrated in California, Washington, and Illinois has opted to permanently shutter all locations. The company especially catered to nearby office workers and squarely blamed pandemic-related closures, which it said “decimated company revenues.”
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Brio Tuscan Grille/Bravo Cucina Italiana
Locations closed or closing: 48 In a blow for pasta lovers everywhere, the parent company of Brio and Bravo filed for Chapter 11 bankruptcy in April 2020. It also permanently closed nearly 50 locations during the pandemic. There is a glimmer of hope, however: Brio and Bravo have a new owner, Earl Enterprises, which has pledged to operate at least 45 of the 53 restaurants that remain.
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Bar Louie
Locations closed or closing: 38Don’t blame COVID-19 for Bar Louie’s woes. The nationwide pub chain filed for Chapter 11 bankruptcy at the beginning of 2020, before pandemic-related closures, and closed nearly 40 locations. Part of the problem: declining traffic at several of its restaurants, many of which are located near struggling shopping malls.
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CraftWorks
Locations closed or closing: 37Though CraftWorks Holdings may not be a familiar name, chances are you’ve heard of the company’s restaurants, which include Logan’s Roadhouse, Old Chicago, Rock Bottom, and Gordon Biersch. CraftWorks filed for bankruptcy and closed a few dozen locations in the first couple months of 2020, and it’s unclear whether there will be more closings as a new company takes over.
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Applebee’s
Locations closed or closing: 35One of the nation’s most ubiquitous casual dining restaurants, Applebee’s saw its second-quarter same-store sales plummet nearly 50% compared with 2019. It shut down 20 restaurants in response during the third quarter and planned another 15 closures, parent company Dine Brands has said.
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Chuck E. Cheese
Locations closed or closing: 34 The parent company of this iconic kids’ pizza chain filed for Chapter 11 bankruptcy in summer 2020 even as many of its 550 locations reopened across the country. The CEO called COVID-19 and its closures “the most challenging event in our company’s history.” The company said it plans to permanently close nearly three dozen locations.
Microsoft and partners may be compensated if you purchase something through recommended links in this article.
Microsoft and partners may be compensated if you purchase something through recommended links in this article.
Microsoft and partners may be compensated if you purchase something through recommended links in this article.
Microsoft and partners may be compensated if you purchase something through recommended links in this article.
Golden Corral
Locations closed or closing: At least 16
America’s most well-known buffet chain has been attempting to reinvent itself with safer service models during the pandemic, but the process hasn’t been without pitfalls. For instance, two of its largest franchisees have now filed for bankruptcy. The most recent, Platinum Corral, has closed 16 of its 28 restaurants. However, the real number of shuttered locations is likely far higher: Only 330 of the 490 pre-pandemic Golden Corrals are open right now, executives say.
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Microsoft and partners may be compensated if you purchase something through recommended links in this article.
Zinburger
Locations closed or closing: 15The main parent company of this wine and burger bar says the pandemic has made reopening impossible for most of its restaurants. All East Coast locations except three, all in New Jersey, will remain closed. Six separately owned restaurants in Arizona will remain open, too.
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Microsoft and partners may be compensated if you purchase something through recommended links in this article.
Sizzler USA
Locations closed or closing: 6Yes, Sizzler is still around, and the pandemic isn’t making it any easier for this throwback of a steakhouse chain to hold on. The company filed for Chapter 11 bankruptcy in September, citing a huge decline in dine-in business and trouble negotiating rent relief with its landlords. It has closed six restaurants permanently. There are more than 100 locations, but most are franchise-owned and will be unaffected by the filing.
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California Pizza Kitchen
Locations closed or closing: “Several” This casual dining chain, a staple at malls and shopping centers across the country, has filed for Chapter 11 bankruptcy. The most prominent restaurant to file since Chuck E. Cheese, California Pizza Kitchen has more than 200 locations, most of which are several months behind on rent payments. It closed some company-owned stores before the filing and was in negotiations with landlords regarding “certain other locations.”
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In Trouble: Punch Bowl Social
This buzzy chain aimed to entertain patrons, not just feed them, with everything from mini golf, bowling, and shuffleboard to accompany a made-from-scratch menu. Unsurprisingly, the “eatertainment” company has struggled since the pandemic pushed dine-in business off a cliff, and it filed for Chapter 11 just a few days before Christmas.
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In Trouble: Studio Movie Grill
Dinner and a movie are the classic night out — except, of course, during a global pandemic. Studio Movie Grill, a restaurant and theater chain with 33 locations sprinkled around the country, has filed for Chapter 11 bankruptcy and drained almost all of its cash reserves. Though the company was among the fastest growing in the theater business just two years ago, the pandemic led to a three-month closing, and several locations remain closed to this day.
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In Trouble: Cheesecake Factory
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In Trouble: Bloomin’ Brands
The parent of Outback Steakhouse, Bonefish Grill, Carrabba’s Italian Grill, and Fleming’s Prime Steakhouse managed to avoid layoffs and says its sales have been rebounding since statewide shutdowns forced most restaurants to close their dining rooms. Still, S&P gives the restaurant group a 13% chance of defaulting in 2021.
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In Trouble: Checkers and Rally’s
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In Trouble: Dave & Buster’s
Considering Dave & Buster’s is somewhat of a Chuck E. Cheese for adults, it’s easy to see why the chain is struggling. The company has warned that bankruptcy is inevitable if it can’t reach a deal with its lenders and recently announced it will be laying off 1,300 workers. The company has been forced to shut down multiplayer games and reconfigure its arcades to allow for social distancing.
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Microsoft and partners may be compensated if you purchase something through recommended links in this article.
In Trouble: Red Robin
This family-friendly burger chain is scrambling to stay afloat and satisfy its obligations to creditors. It blames the pandemic for tanking sales right as it began implementing a turnaround strategy to bolster its already-struggling restaurants.
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In Trouble: Luby’s/Fuddruckers
This iconic Texas-based cafeteria chain that also owns burger chain Fuddruckers has been in trouble for a while. It already closed several units, including all but one unit of its Cheeseburger in Paradise chain, in 2019. Several Fuddruckers units were recently sold, and Luby’s new CEO has experience steering companies through liquidations.
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Microsoft and partners may be compensated if you purchase something through recommended links in this article.
In Trouble: Cosi
A major round of closures in late 2019 left this once-prominent Northeastern chain with about 30 locations, down from five times that number a decade prior. It filed for Chapter 11 bankruptcy in early 2020 and then sued the Small Business Administration over its requirement that restaurants in bankruptcy are ineligible for paycheck-protection loans.
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In Trouble: TooJay’s
This chain of Florida delis is yet another company that filed for Chapter 11 bankruptcy after the pandemic forced it to close for weeks. Unlike many other restaurants, it was on solid financial ground before COVID-19. The company has received over $6.4 million in federal paycheck-protection money.
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