why so many closures

Aranami

Why Are So Many Restaurant Chains Closing Locations, Filing For Bankruptcy?

Bob Evan’s, Old Country Buffet, Cosi, Ruby Tuesday, Logan’s Roadhouse: these are just a few of the large restaurant chains that have closed locations and/or filed for bankruptcy protection in 2016 alone. These eateries generally have two factors working in their favor: name recognition and stores in high-traffic areas. So why are they doing so poorly? [More]