Say Your Goodbyes Because These Restaurant Chains Are Closing Locations

Published on 12/22/2019
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Luby’s

Luby was the original company that started well-known chain restaurants like Luby’s, Koo Koo Roo, Fuddruckers, and Cheeseburger in Paradise. It was founded in 1947 with the name Luby’s Cafeteria and was later rebranded. There are 83 branches of the actual Luby’s restaurant, but recently they announced they will be closing the less successful locations. They did this before and managed to boost their revenue by gaining a profit of $6.6 million.

Luby's

Luby’s

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Steak ‘N Shake

Steak ‘N Shake, established in 1934, began as a simple burger restaurant in Normal, Illinois. Now it operates from several locations such as America, Southwest Europe, and the Middle East. Today there are 628 locations with 214 franchised. However, while they are looking for a new franchise partner they will temporarily close several dozen locations.

Steak ‘n Shake

Steak ‘N Shake

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