The first round of restaurant closures in the spring saw several fast-food chains filing for bankruptcy, hundreds of restaurant locations closing for good, and some fast-casual brands disappearing forever. But it looks like restaurant closures are nowhere near over. The second wave of closures was put in motion this summer, and by the end of this year, we'll see hundreds, if not thousands, more fast-food locations closing all over the country. Ken Wolter/ShutterstockBurger King's parent company, Restaurant Brands International, announced in August that the number of fast-food closures could be in the hundreds among its three brands: Burger King, Popeyes, and Tim Hortons. Lynn Watson/ShutterstockIn July, America's favorite coffee chain announced the closure of a whopping 800 locations by the end of the year.
Source: The Nation November 24, 2020 17:12 UTC