Just announced: Applebee’s is closing up to 135 restaurants
Your local Applebee’s may be closing soon, as the struggling casual restaurant chain tries to turn its business around. In an August 10 news release, Applebee’s reported that comparable same-restaurant sales declined 6.2% for the second quarter of 2017, and they’re expected to range between negative 6% and negative 8% for fiscal 2017.
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