America's disappearing restaurant chains Alexander E.M. Hess and Michael B. Sauter, 24/7 Wall St. Alas, struggling brands 'have not kept up with current generations,' industry expert says
The partners began selling Shakey’s franchises in 1957 and by 1974 there were 500 Shakey’s locations across the U.S. During the Red Barn’s prime, it had over 400 locations in the US and abroad. And a few succumbed ignominiously to stock market scandals, unfortunate name choices and an occasional outbreak of food-borne illness.
Faced with declining profits, in 1981 then-owner General Foods sold out to Hardee's. These chains weren’t just local favorites, however; they were renowned across vast swaths of the country and were just as popular in their day as Chili’s or Friday’s is today.
Some even left lasting impressions on the world of restaurant dining, or represent a dining trend that was popular in its day but is now all-but forgotten. Some restaurant chains lost out because of diners' changing tastes, while others were swallowed up by larger competitors. Minnie Pearl’s Chicken. And more have closed since then, including restaurants in California, Texas and South Carolina last year. You can help by expanding it with reliably sourced entries.
Unless it’s a public health hazard, you hate to see a restaurant go out of business. But too-rapid expansion turned out to be Burger Chef's undoing. The chain was bought out … The U.S. chain never recovered, though there are Chi-Chi’s restaurants in Europe, Kuwait and the United Arab Emirates.
This is a dynamic list and may never be able to satisfy particular standards for completeness. There is currently only one location left in Racine, Wisconsin, though its name is now The Farm. Even poorly rated eateries have their die-hard fans. Restaurant chains are facing backlash after receiving more than $80 million in coronavirus stimulus loans intended for small businesses. This seafood restaurant chain, which first opened in Houston in 1991, shrank by over a third when 41 locations abruptly went out of business in 2017. 12. There is a school of thought that says the restaurant business is always a good business — people need to eat. There are many more misses than hits in this industry, so it’s always sad when a longtime fixture locks up for the last time. Read on to find out what other defunct restaurant chains are no longer around. Below is a list of defunct restaurants of the United States .