IHOP, Denny’s, TGI Fridays and Ruby Tuesday are among the restaurant chains permanently shuttering locations
the pandemic will likely spur the closure of many more restaurants. The chain has already significantly downsized this year, going from 470 locations at the beginning of 2020 to “between 270 and 300,” according to Hashim.
"The final tally as to the permanent number of closures is to be determined for us,” Hashim said. “Some of it depends on how quickly sales come back.”and of TGI Fridays have also closed down permanently due in part to the pandemic."Due to COVID-19, there have been a lot of changes throughout the restaurant industry.
Le Pain Quotidien, a fast-casual bakery chain, announced it would close all 98 of its U.S. locations after filing for Chapter 11 bankruptcy protection in May, though at least 35 stores will potentially be reopened at a future date following a partial buyout by Aurify Brands.
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