McCormick & Schmick’s
McCormick & Schmick’s is an American seafood restaurant that has, for the past few years, closed down more than half its branches, with plans to shut down more by the end of 2020. Bill McCormick and Douglas Schmick started the restaurant in 1979 and have their primary location in Portland, Oregon. The restaurant is a supplement branch of Landry’s, Inc., and is the main cause of its initial closure. An average of about 45 stores are still open, with 40 in America and 5 in Canada, but it is evident that its profits, assets, and proceeds have dropped drastically. The foundation of the company was moved by Landry’s to Texas and had since been heading up the move that is initiating the closures.
McCormick & Schmicks
Fuddruckers
Fuddruckers is known to many for their delicious burgers and buns that they bake as well as their on-site meat grinding. They have more than 77 company-operated stores in the USA and over 100 franchises. To date, their profit stands at $150 million, but they are on a trail to closing down some branches that are not making enough profits. The headquarters for Fuddruckers is located in Houston, Texas, with its founder Phil Romano leaving the company to form another; Macaroni Grill. Sadly, the company has gone through a lot of owners since then and has even filed for bankruptcy numerous times.
Fuddruckers
