Hanging On By The Skin Of Their Teeth: Remnants Of Once-Large Restaurant Chains

Even before the coronavirus pandemic, the restaurant business was a tough one, with an estimated 60% of new locations closing within a year, and 80% failing within five years.
Even some of the most successful chains can enter a period of decline and fall for any number of reasons, such as long-term mismanagement, failing to adapt to changing public tastes or cutthroat competition from new concepts. Some mighty chains die completely. When was the last time you ate at a Chi-Chi’s with about 200 locations once upon a time, Red Barn at about 400 restaurants or a Burger Chef with 1,050 locations?
Some brands, however, survive as much smaller…

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