McCormick & Schmick’s
This seafood joint will close more restaurants by 2020 after shutting down nearly half of its branches. McCormick & Schmick’s has its headquarters in Portland, Oregon and is owned by the parent company Landry’s Inc. They have about forty spots around the United States and five locations in Canada. It’s pretty safe to assume the business isn’t overgrowing among its revenue, net income, assets, and equity. Landry’s is mainly accountable for the branch closure and moving the headquarters to Texas.
McCormick & Schmick’s
Fuddruckers
Fuddruckers was formed by Philip J. Romano in San Antonio, Texas, in 1979 as Freddie Fuddruckers in a location converted from an old bank to a restaurant. He launched the chain because he felt that the “world needed a better hamburger.” At one point, for the crispy chicken finger lovers, Fuddruckers was the go-to place. There were nearly 111 franchises and 77 countrywide branches operated by the company at its highest point. They have $150 million in revenue and plan to expand by closing down other outlets. Its headquarters are in Texas and has undergone several different changes in ownership.
Fuddruckers
