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

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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