Will Your Favorite Restaurant Close Down This Year? Here’s The List To Find Out

Published on 06/28/2020
ADVERTISEMENT

Carrabba’s

Upon merging with Outback Steakhouse, which started as a family restaurant in 1986 eventually turned into a restaurant sensation. They changed their name to Bloomin’ Brands and started to open up more domestic and international spots. There are more than enough restaurants under Bloomin’ Brands, but Carrabas is the one with the most franchise shutdowns.

Carrabba’s

Carrabba’s

ADVERTISEMENT

Starbucks

If you think of Starbucks, ‘restaurant’ is perhaps not the word that comes to mind. Do not forget, though, that the company also sells other foods as well as coffee. Back in 2018, the coffee giant made a remarkable announcement saying it will shut down 150 stores across the U.S. to expand its current market. Those reductions are three times greater than Starbucks ‘ average interest rate. And as of early 2020, the company operates over 30,000 locations worldwide in more than 70 countries.

Starbucks

Starbucks

ADVERTISEMENT