Noodles & Company
Noodles & Company was founded in 1995 and enjoyed some years of success before their gross profit margin continued to deteriorate. After the early 2000s, people did not seem to want to get in on the noodle frenzy quite as much. After all, what made a huge impact in 2016 was a breach of security, which exposed the personal information of customers across the states. The data breach hugely affects the firm by $11 million. 10% of their outlets had to be closed in 2018.
Noodles & Company
Joe’s Crab Shack
Joe’s Crab Shack was once an all-time favorite and popular food chain that mainly focuses on large buckets of crab, stuffed shrimp, and other American comfort dishes. It could have been their competition with Bubba Gump or other independent seafood restaurants that made them less appealing for their existing customers. The company filed for bankruptcy in 2017 and closed 41 of its spots. There are 58 stores currently open right now, and many more are expected to close this year.
Joe’s Crab Shack
