Dine Brands Looks to Slow Applebee’s Closures – The Wall Street Journal

Restaurant News

Dine Brands Global Inc. expects fewer closures of Applebee’s locations this year and aims to open new restaurants in the years ahead despite challenges for casual-dining chains.

The owner of the Applebee’s and IHOP brands said Monday it would close no more than 15 Applebee’s restaurants a year going forward and consider opening some new restaurants, after completing a recent plan to close 200 underperforming Applebee’s locations.

Source: Thanks https://www.wsj.com/articles/dine-looks-to-slow-closures-of-applebees-restaurants-11582561992