Find Out Which Restaurants Are Closing Down Their Stores This Year

Published on 08/12/2020
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Luby’s

The company Luby was the first company to set up famous chain restaurants such as Luby’s, Koo Koo Roo, Fuddruckers and Cheeseburger in Paradise. It was founded in 1947 under the name Luby’s Cafeteria and was subsequently changed its name. The actual Luby ‘s restaurant has 83 locations, but they recently announced they would close the less successful branches. Before that, they helped to strengthen their revenue by earning $6.6 million in profit.

Luby's

Luby’s

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Steak ‘N Shake

Steak N Shake, founded in 1934, started operating in Normal, Illinois, as a simple burger restaurant. Nowadays, it currently runs from many locations like America, Southwest Europe, and the Middle East. There are 628 franchised locations with 214 branches today. That said, they will temporarily close several dozen sites while looking for a new franchise partner.

Steak ‘n Shake

Steak ‘N Shake

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