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Applebee's, IHOP Closing 160 Restaurants

Newsmax Friday, 11 August 2017 ()
Applebee's and IHOP could be closing up to 160 restaurants this fiscal year, parent company DineEquity said Thursday.
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News video: IHOP and Applebee's to close multiple locations

IHOP and Applebee's to close multiple locations 00:28

Both Applebee's and IHOP are set to close multiple locations this fiscal year. DineEquity Inc., who runs both chains, said that 105-135 Applebee's could close while IHOP could see 20-25 locations close. Despite the closings, both Applebee's and IHOP plan on opening more locations.

Recent related news

DineEquity could close up to 160 Applebee's and IHOPs, but will open new restaurants

LOS ANGELES -- The parent of Applebee's and IHOP restaurants said Thursday that as many as 160 locations could close throughout this fiscal year, though the...
Newsday - BusinessAlso reported by •Wall Street JournalL.A. TimesbizjournalsWorldNews

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