50 Restaurant Chains That Will Close Their Doors Before The End Of 2020

Published on 06/11/2020
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Luby’s

The franchise Luby’s Inc. has numerous affiliates that are quite popular restaurant chains such as Luby’s, Cheeseburger in Paradise, Koo Koo Roo, and Fuddruckers. Originally established in Texas 72 years ago, the company was previously called Luby’s Cafeterias, Inc. before changing its brand. As for the restaurant Luby’s, it has 83 branches all over Houston and one in Mississippi. Houston now houses its headquarters, however, Luby’s was first established in San Antonio. It has been said that Luby’s would be closing down its unsuccessful branches. But this is not the first time that the restaurant has done something like this. Previously when they shut down a handful of their branches, they claimed a $6.6 million profit, which naturally increased their profits.

Luby’s

Luby’s

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Pizza Hut

Pizza Hut was initially established in 1958, in Wichita, Kansas. It has been over 60 years since the first store opened its doors and it has developed a lot throughout the years with about 18,431 branches worldwide Its holding company is the huge Yum! Brands, which has made some critical decisions with regards to Pizza Hut. There are nearly 7,500 Pizza Hut restaurants just in America alone. However, Pizza Hut has some intentions to shut as many as 7,000, to assist with stabilizing their profits. Nevertheless, there is a huge need for Pizza Hut to restructure itself very quickly to keep their heads able water during 2020.

Pizza Hut

Pizza Hut

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