7 Restaurant Chains Closing Daily – Is Your Favorite Next?

These iconic restaurant chains are closing locations fast. From Red Lobster’s bankruptcy to Pizza Hut’s decline—here’s who might disappear forever

Annemarije de Boer Avatar
Annemarije de Boer Avatar

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Key Takeaways

Over 1,000 restaurant locations vanished in 2024 alone—that’s roughly three closures every single day. Your childhood hangouts are getting deleted from existence faster than controversial tweets, and the brands that once defined American dining are now posting their own funeral announcements.

Chains that survived decades are now folding like origami under pressure from rising costs, shifting tastes, and brutal competition.

7. Red Lobster

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Red Lobster’s bankruptcy filing in May 2024 wasn’t exactly shocking—those “Endless Shrimp” deals were bleeding $11 million per quarter. The promotion got axed during restructuring faster than a health inspector shuts down a dirty kitchen. The chain closed nearly 100 underperforming locations during bankruptcy proceedings. Rising seafood costs and operational challenges continue plaguing the restructured company.

6. Boston Market

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Boston Market’s slow-motion collapse makes watching paint dry seem thrilling. The chain battles lawsuits over wage theft and unsafe working conditions while closing numerous locations.Why drop $20 on a family meal when grocery stores sell better rotisserie chicken for half the price? Boston Market’s business model feels as outdated as dial-up internet. The chain’s failure to innovate beyond microwaved sides sealed its fate against competitors who actually adapted.

5. Applebee’s

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Over 200 Applebee’s locations vanished in five years, proving that reheated chain food has an expiration date. The famous 2-for-$20 deal now costs $25, making it about as appealing as a soggy mozzarella stick. Younger diners would rather eat from a food truck than suffer through Applebee’s karaoke night. The chain’s desperate attempts at relevance feel like watching your parents try to go viral on TikTok—technically they’re using the platform, but nobody’s convinced. Unless they completely reinvent themselves, expect more empty parking lots. As you’re reading about restaurant chains that might vanish, here are some that you probably don’t remember.

4. Subway

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Business Insider reported dozens of Subway franchisees suing the company over predatory lease agreements and mandatory upgrades. The “king of sandwiches” crown is looking pretty tarnished when local delis serve better subs without the processed mystery meat. Social media roasts Subway’s inconsistent portions and questionable ingredients daily. Hundreds of locations closed in 2024 as customers fled to shops that actually slice their own turkey. The sandwich giant must address quality concerns or watch its empire crumble like stale bread.

3. Sbarro

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Sbarro’s mall-based empire crumbled as foot traffic dropped 40% since 2020. The chain filed for bankruptcy twice, proving that even New York-style pizza can’t survive in dying shopping centers. Rising cheese and wheat costs strain already low prices, while Domino’s dominates delivery and MOD Pizza thrives in standalone locations. Sbarro’s attempts at non-mall stores show mixed results. Without a successful pivot, this slice of pizza history might disappear forever.

2. Chuck E. Cheese

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Chuck E. Cheese’s $2 billion debt load in 2024 makes its financial situation scarier than its animatronic shows. The 2020 bankruptcy barely saved the chain from complete collapse.Kids prefer mobile games over outdated arcade machines while parents complain about maintenance and cleanliness. Class-action lawsuits add legal pressure to financial woes. The pizza-and-games formula lacks appeal in our digital-first world where entertainment comes through screens, not tickets.

1. Hard Rock Cafe

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Hard Rock Cafe’s novelty wore off faster than a one-hit wonder. Multiple franchisees face bankruptcy while locations close quietly across continents. The chain struggles for relevance as rock memorabilia feels as dated as vinyl records. Younger travelers choose local restaurants over touristy theme dining. Average check sizes fall below profitability standards while operating costs in prime locations skyrocket. Attempts at local cuisines and streamed concerts met lukewarm reception from increasingly sophisticated diners.

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