Noodles & Company
Founded in 1995, Noodles & Company was successful in its starting years. However, the revenue started decreasing as the years went by. In the 2000s, people weren’t as interested in noodles as they once were. In 2016, the company had a data breach that compromised their customers’ information all across the country. In fact, this security breach cost the company $11 million. As a result, they had to close 10% of their restaurants in 2018.
Noodles & Company
Joe’s Crab Shack
The informal seafood spot specializes in huge buckets of crab, stuffed shrimp, and loads of other comfort dishes. While Joe’s Crab Shack was adored, its competition with other seafood restaurants like Bubba Gump made customers less keen on the chain. The company filed for bankruptcy in 2017 which led to it closing 41 branches. Even more locations are expected to be shut down this year, but 58 locations are still working.
Joe’s Crab Shack
