IHOP and Applebee’s to close restaurants

By  | 

(NBC) - Several Applebee's and IHOP restaurants could soon be closing.

DineEquity which is the parent company of the two restaurant chains says its plans to close as many as 160 of the restaurants.

But at the same time, the two chains will open 125 restaurants globallly in new locations.

The move comes as more American consumers have been drifting toward quick service restaurants over casual dining.



 
Comments are posted from viewers like you and do not always reflect the views of this station. powered by Disqus