Red Robin
Red Robin first opened in Seattle, Washington in 1969. Ten years later, the brand developed its first franchised restaurant. Now, the company holds an impressive 562 restaurants. 90 of those are franchises in themselves. However, they’ve recently succumbed to a bad decline of 85.4% and will have to shut down ten restaurants.
HomeTown Buffet
HomeTown Buffet opened in 1983 and at one point had 250 restaurants. A descendant of Ovation Brands which actually belongs to Food Management Partners, the buffet-style joint is being run by management. The adjustment hasn’t been all that good for the chain. Since that happened in August 2019, they’ve closed more than 200 restaurants.