Several chain restaurants are expected to close across the country with Applebee’s and IHOP being the latest victims. The chains face as many as 160 restaurant closures between the two. Between 105 and 135 Applebee's restaurants are slated to close alone!
Other big chains like Subway, Outback Steak House and Papa Murphy’s are also planning to close some of their locations soon.
One reason casual dining spots have lost their former charm may be due to lack of convenience for consumers, who often make their dining decisions based on places that have a delivery option. Applebees and IHOP do not currently have delivery options.