Applebee's expects to close at least 60 more restaurants
The franchisor also plans to announce an acquisition within roughly the next year.
IHOP debuts new logo for the first time in more than 2 decades
The family restaurant chain’s updated logo features a prominent smile, a departure from its former logo, which one IHOP executive noted “appeared as a person’s frown.”
More than half of the restaurant industry’s $491 billion in sales come from the Top 500 chains. And these giants grew at a modestly stronger rate, both in terms of sales and store counts, than the industry overall. Restaurant Business focused on the leading 250 performers to identify trends for our first-ever special report delivering lessons from Technomic’s annual Top 500 Chain Restaurant Report. This special package includes lessons for all operators from the largest chains by segment, menu category and more.