Business · Companies · 16 hrs ago

Applebee’s and IHOP parent closes 208 restaurants

Applebee’s and IHOP parent closes 208 restaurants

The company that owns Applebee’s and IHOP has closed 208 restaurants.

The closures involve both Applebee’s and IHOP, but no locations are identified.

The headline calls the move a retreat, while its teaser says the numbers suggest something else.

It does not explain what that means or provide the figures.

No reasons or next steps are given.

The scale of the closures is clear, but the details needed to understand their impact are not.

1 source

Related