IHOP
Locations Closing: 1
Annual Revenue Of Restaurant: $349.6 million (2022)*
The legendary IHOP in West Hollywood closed in January 2024, leaving an empty parking lot in its place. Despite the remaining holiday decorations, a notice on the door announced the closing at 8461 Santa Monica Blvd, thanking customers for their support and recommending them to the Hollywood store at 7006 Sunset Blvd. A voicemail echoed the shutdown message, apologizing for any trouble caused. The abrupt closure serves as a reminder of the changing landscape for eateries, with enterprises adapting to problems and sometimes closing their doors permanently.
IHOP
TGI Friday’s
Locations Closing: 36
Annual Revenue Of Restaurant: $2 billion (2021)*
TGI Fridays has closed 36 “underperforming” sites in the United States (East and West Coast) as part of its “ongoing growth strategy.” The move, which aims to optimize operations and improve customer experiences, is consistent with the company’s long-term goals. TGI Fridays U.S. President Ray Risley underscored the company’s dedication to providing an outstanding guest experience. While job transfers have been given to 80% of the affected employees, the closures demonstrate the brand’s commitment to simplifying operations and enhancing its franchise model in chosen areas around the country. Dining fans may need to change their plans when TGI Fridays reshapes its territory.
TGI Friday’s
