Piccadilly Restaurants
Locations Closing: Unconfirmed
Annual Revenue Of Restaurant: $270 million*
Piccadilly, which has been in business for over 90 years and has sites throughout the South, has built a reputation as a family-run buffet-style restaurant franchise known for its cuisine. Despite its vast list of achievements, the company had financial difficulties. In 2023, the corporation unexpectedly closed sites in Jacksonville, Louisiana, and other towns, leaving consumers to worry about what had happened. Some believe it was owing to the buffet dining style falling out of favor, but no one can say for certain.
Piccadilly Restaurants
Cracker Barrel
Locations Closing: N/A
Annual Revenue Of Restaurant: $3.44 billion (2023)*
Cracker Barrel had a challenging year in 2023, marked by the expansion of new enterprises as well as the closure of old ones. During the first half of the year, the company’s devoted consumers were concerned owing to the sudden closure of three locations. According to a spokeswoman, the consequences of the pandemic compelled them to make this painful decision. Another office was shuttered owing to ‘poor performance’, although former employees said it was due to safety concerns. Regardless, they launched new locations in the second half of the year, so we can only hope that these ventures are enough to support them.
Cracker Barrel
