Sbarro
Sbarro has a good number of branches across the country, and you may have seen one of them in the last few malls you visited. It is an Italian fast-food chain that was established in 1956 in Brooklyn but can be considered a more popular restaurant for college campuses. Sbarro’s headquarters are located in Columbus, Ohio, and have quite a few hundred locations. However, in 2014, the restaurant chain announced they would be closing out some of their branches but seems to be an ongoing thing for them year after year. Sadly, the closures may get worse after the 2020 pandemic hit many businesses hard. They noted they would close the underperforming branches and use the profits to improve those boosting the chain’s existence.
Sbarro
Outback Steakhouse
This year alone saw Outback Steakhouse closing a lot of its branches like its sister restaurant Carrabba’s. However, they have a lot of branches around the world but seem intent on closing compared to its affiliate companies, Bloomin’ Brands. There was a primary public offering of Bloomin’ in 2012, where the company was trying to raise over $300 million, based on a report released by SEC filings. The process wasn’t a complete failure, but still, Bloomin’ had to close down a lot of its stores that were not performing well. Outback Steakhouse’s first branch was established in Tampa, Florida, where they have had lots of success. Those restaurants in Florida are still in operation.
Outback Steakhouse
