Italian Restaurant Chains That Went Out Of Business

Italian Restaurant Chains That Went Out Of Business13 of 17 Blue Star Donuts Blue Star Donuts. Lovoy's, an Italian restaurant in Homewood, closed in 2012 after nearly 60 years in business. The coronavirus pandemic has devastated the restaurant industry. These 1990s Restaurants Didn't Last — Eat This Not That. When it comes to Italian restaurant chains, Chef Andrea Frizzi, owner of Il Posto in Denver, CO, cites Macaroni Grill as one of his go-to's. Reservations can be made via Tock. Here are 30 defunct chains that you either hated to lose or loved to hate. While we all have our own favorite Italian restaurant spots, we here at 1851franchise. The restaurant stands out among many other traditional Italian eateries, as its atmosphere is somewhat reminiscent of a ‘40s nightclub with modern upgrades. 's (NYSE: DRI) Olive Garden chain, and acquired Brio and Bravo for $100 million on May 24. Le Pain Quotidien has shut down 63 of its 98 U. Burger Chef AMC This once iconic chain, showed up in an episode of AMC's "Mad Men. Disappearing brands: 26 that shut down over the last 10 years. Understandably, this rumor has upset fans. com file photo/Mark Almond) LOVOY’S What and where: Family-owned Italian restaurant. Macaroni Grill, which was founded over 35 years ago, has 40 locations throughout the U. FoodFirst Global Restaurants Inc. Olive Garden Is Doing Well Despite Old Rumors Of …. Even though it had $140 million in revenue, the influx of cheaper solar panels put Solyndra out of business in 2011. Italian restaurant chains. The Orlando-based parent company of restaurant chains Brio Italian Mediterranean and Bravo Fresh Italian has filed for Chapter 11 bankruptcy protection. Currently, the iconic building houses a wide variety of tenants, including Facebook and AOL. Rubio’s Coastal Grill. By the 1960s, there were nearly 60 Korvettes stores around the country. Chef, proprietor and activist Tom Colicchio predicted 75 percent of restaurants would. The coronavirus pandemic has devastated the restaurant industry. LUM'S The original Lum's was a hot dog stand which opened in Miami Beach, Florida, in 1956. It said its goodbye on Facebook early in November. Marchetti returned to the restaurant business in 2010, opening up a new Gino's location. Darden Restaurants owns the Olive Garden brand, as well as LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze, and Eddie V's. In July, the brand name was purchased by an investment firmand will relaunch it as an online 7 Family Restaurant Chains That Went Out of Business. Olive Garden owner Darden Restaurants buys Ruth's Chris Steak …. Owned by Bloomin' Brands, Carrabba's Italian Grill was founded in 1986 in Houston, Texas. By mid-April of 2020, an estimated 30,000 American restaurants had closed for good and more. Financial issues have plagued the brand well before the pandemic began, and it looks as though recovery efforts have not provided enough oomph to keep the burgers grilled and the garden bar filled. Business 40 Closed Restaurant Chains We Wish Were Still Open By Eric Althoff and Michelle Nati, updated on November 11, 2022 groovyhistorypics / Instagram One of the most amazing things about America is its diversity of cuisine. 8 Classic Restaurant Chains That Went Out of Business These restaurants were just as popular in their day as Chipotle or Panera is today. The Hawthorne fine-dining destination Castagna, a launching pad of several notable Oregon chefs, has officially closed. Beefsteak Charlie's got its start as a single beloved restaurant on 50 th Street in Manhattan, filled with horse racing photos and specializing in steak sandwiches. bought the two Italian. Darden Restaurants owns the Olive Garden brand, as well as LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze, and Eddie V's. com/2020/12/12/business/retailers-restaurants-bankrupt-2020/index. Opened by Charles Chessar in 1910, it became a chain in 1974 with no official affiliation to the original. BRIO Tuscan Grille and Bravo Italian Kitchen. -based brand, which has approximately 170 locations, closed six stores in Colorado and six in Florida. 1 day ago · Café Mars is open Wednesday and Thursday, 5:30 to 9 p. The Orlando-based parent company of restaurant chains Brio Italian Mediterranean and Bravo Fresh Italian has filed for Chapter 11 bankruptcy protection. , Friday and Saturday 5:30 to 10 p. Roy Rogers reported going from 600 locations to under 50 in just a few years, while Red Robin reported a 90% decrease in net income in just one year. All seemed to be going well for Carrabba's Italian Grill until they started noticing a decline in sales. Other chain restaurants (like seafood restaurant McCormick & Schmick's, pizza place Papa Murphy's, and Ruby Tuesday) have reported losses of revenue, income, and equity. There are 88 locations in the US as the chain grw during the 1990s. 40 Iconic Restaurants That Are No Longer Around. Here are 30 defunct chains that you either hated to lose or loved to hate. Geri's Hamburgers Gino's Hamburgers Henry's Hamburgers, with the only remaining location in Benton Harbor, Michigan. For more, don't miss these 17 Failed Chain Restaurants From the 1980s That Will Make You Feel So Nostalgic. In 2021, the chain made 4. Dressbarn • Founded in: 1962 • Type of business: Retail, clothing. Includes menu, catering information, and store locator. These restaurant chains have closed multiple units for good">These restaurant chains have closed multiple units for good. Beloved Chain Restaurants We Might Sadly Lose In 2022">Beloved Chain Restaurants We Might Sadly Lose In 2022. bought the two Italian restaurant chains in a deal. FoodFirst Global Restaurants Inc. Olive Garden, which features on this list of the best Italian chain restaurants in the US, is also the leading Italian restaurant chain in the US. By mid-April of 2020, an estimated 30,000 American restaurants had closed for good and more than 110,000 were expected to shutter by the end of October, according to estimates from the National Restaurant Association. The restaurant’s building is for sale. Here is a list of major restaurant chains that have reduced some locations, filed for bankruptcy or gone out of business during the pandemic — so far. Krystal has 182 company-owned restaurants and 116 franchise locations in multiple states in the South, including Georgia, Tennessee, Alabama, Florida and Kentucky. Dressbarn • Founded in: 1962 • Type of business: Retail, clothing. The restaurant’s go-to menu offerings are its steaks paired with a cocktail or glass of wine. There has been some chatter on the internet spreading the word that the popular Italian chain restaurant Olive Garden may soon be closing their doors for good. When it comes to Italian chain restaurants, Olive Garden is the most successful — both in terms of sales and the number of locations. Last year, Boston Market closed about 10% of its more than 450 rotisserie chicken restaurants — including the last two in Boston, the city that gave the chain its name. This Italian restaurant has been around since 1981. In 2017, the chain shut down 55 locations, and the next year, 10 more restaurants went out of business. Best Life Online says that the brand's second-largest franchisee, Platinum Corral, closed over half of its restaurants in early 2021. That hasn’t necessarily proved to be the case. The pandemic, massive amounts of debt and a shift in shopping as well as dining habits created a lethal cocktail of bankruptcies and closures. Saint Marc: Just a week after Ways & Means closed, this Pacific City restaurant shut on Friday, Jan. In the early 1980s he sold the chain to the Marriott hotel chain, which quickly converted all the Gino's into Roy Rogers. These restaurant chains filed for bankruptcy during the pandemic. Most of the shuttered Bravo and Brio restaurants were closed as of March 20, when the COVID-19 crisis had already prompted many states to shut restaurant dining rooms. In December 2020, an online advertisement displayed a picture of an Olive Garden Italian Restaurant sign along. What and where: Coffeehouse and casual eatery in downtown Birmingham, at 2320 Second Ave. See if you can remember these totally or nearly defunct chain restaurants from decades ago. Sizzler USA: The restaurant chain, which was one of the country’s first casual restaurant chains, filed for bankruptcy because of Covid-19 lockdowns that forced it to temporarily close its. These are some of the once-favorite family restaurant chains that are no longer in business. The upscale Mexican restaurant closed on March 14. Owned by Bloomin' Brands, Carrabba's Italian Grill was founded in 1986 in Houston, Texas. 18 Restaurant Chains That Have Filed for Bankruptcy">18 Restaurant Chains That Have Filed for Bankruptcy. The restaurant stands out among many other traditional Italian eateries, as its atmosphere is somewhat reminiscent of a ‘40s nightclub with modern upgrades. ) Bottom Line: Kenny Rogers Roasters. Central Florida owner of Brio and Bravo Italian restaurant chains …. Restaurant (s): Cosi Buffalo, New York, USA - September 22, 2019: The BRAVO Cucina Italiana restaurant at Walden Galleria in Buffalo; an Italian chain serving pasta, grilled dishes, pizza &. The doomsday prophets materialized just days after indoor dining was shut down in major cities in March 2020. After switching ownership over the years, the chain went out of business in the late 20th century. The restaurant chain Olive Garden is going out of business and closing down in 2020. 40 Closed Restaurant Chains We Wish Were Still Open | Work + Money Business 40 Closed Restaurant Chains We Wish Were Still Open By Eric Althoff and. The 30 retailers and restaurant chains that filed for. Chain restaurants like Applebee's, Fridays, Chili's and Outback may dominate highways and mall locations alike, but it wasn't always that way. International chain with locations in North America and the United Kingdom. 35 iconic Upstate NY businesses we miss: Restaurants, stores, …. “The decision to close was purely financial,” wrote owner Liz Davis in the restaurant’s newsletter. Top 13 Italian Restaurant Chains In The US. Owned by Bloomin' Brands, Carrabba's Italian Grill was founded in 1986 in Houston, Texas. Darden Restaurants said Wednesday it is buying Ruth’s Hospitality Group, the parent company of Ruth’s Chris Steak House, for $715 million. While we all have our own favorite Italian restaurant spots, we here at 1851franchise. Headquartered: Atlanta, Georgia Started in: 1991. The chain eventually expanded into a. Five more have closed in 2020, from Kansas to New Jersey. has a history of self-founded restaurants. com have put together a list (in no particular order) of what we believe are the top 10 hottest Italian restaurant franchises based in the U. Click here for a list of retail stores that have closed. Chain restaurants including Pizza Hut and Starbucks are permanently closing over 1800 total locations during the pandemic. restaurants closed for good in 2020. The upscale Mexican restaurant closed on March 14. Here's the full list of chains. This is in relation to its success and the amount of money that it. Valle's Steakhouse Call it a game changer. The chain filed for bankruptcy in late January 2020 due to owing somewhere between $50 to $100 million. Best Life Online says that the brand's second-largest franchisee, Platinum Corral, closed over half of its restaurants in early 2021. Italian Restaurant Chains In The US. Pier 1 Imports: The home goods retailer filed for bankruptcy, following years of decline because of online competition and big-box chains. " Burger Chef was almost as big as McDonald’s back in the day. D'Lites Dee's Drive-In Doggie Diner Druther's - chain based in Louisville, Kentucky, that became a regional Dairy Queen franchise in 1991; a lone franchised location in Campbellsville, Kentucky, is the only survivor Farrell's Ice Cream Parlour Forum Cafeterias Geri's Hamburgers Gino's Hamburgers. Restaurants throughout Atlanta have pivoted to takeout and delivery, become makeshift neighborhood markets, and even started to reopen for limited dine-in service in order to stay afloat during the ongoing COVID-19 pandemic. After brothers Richard and Maurice McDonald signed over the rights to their company to franchise agent Ray Kroc in 1961, they forfeited the right to their name. Darden Restaurants said Wednesday it is buying Ruth’s Hospitality Group, the parent company of Ruth’s Chris Steak House, for $715 million. It specializes in pizzas that are cooked in brick ovens. Henry's Hamburgers is a beloved malt, milkshake, and burger chain that began in the '60s. Data indicates that reopening isn't the. “After COVID closures, snow days, chronic staff turnover, a brutal slow season, and rising costs, the time has come to move on. Maggiano's Little Italy, the Italian restaurant chain known for its tasty dishes and mouth-watering desserts, has also won over many experts in the field. Beefsteak Charlie's commercials are famous for constantly plaguing viewers with their unlimited salad and shrimp bar—but, unfortunately, after getting acquired in. and is known most for its top-notch pasta dishes, sauces, and more. Carrabba’s Italian Grill A restaurant chain owned by Bloomin’ Brands, Carrabba’s Italian Grill was founded back in 1986 in Houston, Texas. He likes to order Chicken Marsala. Taylor’s Bar & Grill: This tavern between Redlands and Loma Linda opened in 1934 and weathered the Great Depression and everything else up until the pandemic. After switching ownership over the years, the chain went out of business in the late 20th century. IHOP is not going out of business. When: Urban Standard opened in 2007 and quickly became a popular spot for coffee drinkers, cupcake. Cafe Mars Restaurant Opens in Brooklyn. Lionel Kiddie City was a kid's dream. Olive Garden Is Doing Well Despite Old Rumors Of Closing ">Olive Garden Is Doing Well Despite Old Rumors Of Closing. 15 Birmingham restaurants that are gone but not forgotten. More than a dozen Chevys locations in California, as well as the Times Square outpost, have since closed. Here's the full list of chains. Rod’s Liquor: Rod’s Liquor closed after 71 years in downtown Orange on Jan. Brio Italian Mediterranean and Bravo Fresh Italian Parent FoodFirst Global Restaurants filed for Chapter 11 bankruptcy protection in April after closing 71 of its 92 restaurants. It eventually had places across the country with several in Upstate New York cities. Chain restaurants like Applebee's, Fridays, Chili's and Outback may dominate highways and mall locations alike, but it wasn't always that way. Shutterstock FoodFirst Global Restaurants is the parent company of Brio and Bravo!, and announced that it would be closing 71 of its 92 restaurants. While we all have our own favorite Italian restaurant spots, we here at 1851franchise. Are Brio and Bravo going out of business? FoodFirst Global Restaurants, the parent company of Brio and Bravo restaurants, filed for Chapter 11 bankruptcy protection in April 2020 and temporarily closed over 70 of its more than 92 locations. When it comes to Italian restaurant chains, Chef Andrea Frizzi, owner of Il Posto in Denver, CO, cites Macaroni Grill as one of his go-to's. Here is a list of major restaurant chains that have reduced some locations, filed for bankruptcy or gone out of business during the pandemic — so far. The restaurant’s building is for sale. And chain restaurants have not been immune from these closures. In May of 2020, it was announced that 71 locations of the popular Italian chain, BRIO Tuscan Grille and Bravo Italian Kitchen might not reopen, following temporary closures due to COVID-19 (via Nation's Restaurant News ). Chain Stores That No Longer Exist. These Restaurant Chains Are on the Verge of Disappearing. 65 Restaurant Chains That Are Quickly Disappearing. We canvassed the country, and from corporate behemoths like Olive Garden to family-run chains like The Old Spaghetti Factory, we've. Some upgrades may include changes to the menu, uniforms, music, flatware, and upholstery. And for much of the country, that Italian restaurant is a chain. Lovoy's, an Italian restaurant in Homewood, closed in 2012 after nearly 60 years in business. The restaurant chain was founded in 1948 in Columbus, Ohio and is now owned by Golden Gate Capital in San Francisco. Restaurant (s): Cosi Buffalo, New York, USA - September 22, 2019: The BRAVO Cucina Italiana restaurant at Walden Galleria in Buffalo; an Italian chain serving pasta, grilled dishes, pizza &. We canvassed the country, and from corporate behemoths like Olive Garden to family-run chains like The Old Spaghetti Factory, we've tracked down the 12 best casual, non-pizza Italian chains. This is in relation to its success and the amount of money that it makes every year. 8 Classic Restaurant Chains That Went Out of Business. 3 Old Country Buffet George Sheldon / Shutterstock. Photo Courtesy: @NoodlesCompany/Twitter (cake) out how the chain intended. In May 2020, an IHOP franchisee filed for bankruptcy, permanently closing 49 restaurants in. Roy Rogers reported going from 600 locations to under 50 in just a few years, while Red Robin reported a 90% decrease in net income in just one year. These Restaurant Chains Are on the Verge of Disappearing …. Maggiano's Little Italy, the Italian restaurant chain known for its tasty dishes and mouth-watering desserts, has also won over many experts in the field. The family-style Italian restaurant chain gained popularity and opened many new branches in the country. "Top Chef" finalist Carl Dooley announced in early May that the 20-seat prix-fixe restaurant he ran, attached to the Season to Taste catering operation, is permanently out of business. The company behind the Italian restaurant chains Bravo Cucina Italiana and Brio Tuscan Grille was already struggling because of rising food costs and other issues. A high-end family restaurant founded by Italian immigrant Donald Valle in 1933. "The COVID-19 outbreak truly could not have come at a worse time for our business," FoodFirst Global Restaurants CEO Steve Layt said, in a statement. throughout the 1960s and 1970s, with more than 1,000 combined company-owned and franchised outlets. The restaurant’s go-to menu offerings are its steaks paired with a cocktail or glass of wine. A restaurant chain owned by Bloomin' Brands, Carrabba's Italian Grill was founded back in 1986 in Houston, Texas. Olive Garden, which features on this list of the best Italian chain restaurants in the US, is also the leading Italian restaurant chain in the US. That’s Amoré: The 10 Hottest Italian Restaurant Chains in 2023. Finally, in 1988, families bid farewell to the last official Red Barn location after it shut its doors. Even though it had $140 million in revenue, the influx of cheaper solar panels put Solyndra out of business in 2011. Other chain restaurants (like seafood restaurant McCormick & Schmick's, pizza place Papa Murphy's, and Ruby Tuesday) have reported losses of revenue, income, and equity. Fast-casual Mexican chain Rubio’s Coastal Grill permanently closed 12 units, or about 7% of its system, pulling out of Colorado and Florida because of the impacts of the coronavirus. But, overeager expansion led to its demise. Horn & Hardart Howard Johnson's was the largest restaurant chain in the U. In addition to ethnic foods of all types, the U. How many of them bring back fond food memories for you? 1. The family-style Italian restaurant chain gained popularity and opened. What and where: Coffeehouse and casual eatery in downtown Birmingham, at 2320 Second Ave. When it comes to Italian restaurant chains, Chef Andrea Frizzi, owner of Il Posto in Denver, CO, cites Macaroni Grill as one of his go-to's. These Restaurant Chains Are on the Verge of Disappearing ">These Restaurant Chains Are on the Verge of Disappearing. Sadly, the chain padlocked the doors of all its restaurants last October, as the business was unable to make things work in the “new” world ruled by the ongoing coronavirus pandemic. Burger Chef AMC This once iconic chain, showed up in an episode of AMC's "Mad Men. It operates about 445 restaurants in 18 states. Major Restaurant Chains that Closed in 2022. " Burger Chef was almost as big as. The chain's flagship store in Philadelphia was converted into a Macy's in 2006 and is now a national historic landmark. It quickly evolved into a burger phenomenon, expanding to over 200. The quality of Olive Garden's food is always the same, no matter which location you visit. "Maggiano's Little Italy is my favorite Italian restaurant chain," says Robbie Shoults, celebrity chef and owner of Bear Creek Smokehouse in Marshall, Texas. Carrabba’s Italian Grill A restaurant chain owned by Bloomin’ Brands, Carrabba’s Italian Grill was founded back in 1986 in Houston, Texas. The Hawthorne fine-dining destination Castagna, a launching pad of several notable Oregon chefs, has officially closed. Fazoli’s Units: 220+ Startup Costs: $783,500 to $2,328,500. In 2017, the chain shut down 55 locations, and the next year, 10 more restaurants went out of business. Macaroni Grill. After a series of mergers and sales, Red Bard was eventually acquired by City Investing Company, which then allegedly allowed all of the leases for its Red Bard franchises to expire. The Daily Meal Spoon University June 7th, 2016 It’s never a fun. "Maggiano's Little Italy is my favorite Italian restaurant chain," says Robbie Shoults, celebrity chef and owner of Bear Creek Smokehouse in Marshall, Texas. Café Mars is open Wednesday and Thursday, 5:30 to 9 p. Owner of 2 Italian restaurant chains. Fast-casual Mexican chain Rubio’s Coastal Grill permanently closed 12 units, or about 7% of its system, pulling out of Colorado and Florida because of the impacts of the coronavirus. The upscale Mexican restaurant closed on March 14. That hasn’t necessarily proved to be the case. Restaurant Business Online reported in 2020 that the chain's largest franchisee, 1069 Restaurant Group, filed for Chapter 11 bankruptcy protection. Here are 30 defunct chains that you either hated to lose or loved to hate. Portland’s Restaurant, Bar, and Food Cart Closures">Portland’s Restaurant, Bar, and Food Cart Closures. Both chains are owned by the same parent company, FoodFirst Global Restaurants. Restaurants That Won’t Reopen After the ">The 35 Most Popular Restaurants That Won’t Reopen After the. Sizzler USA: The restaurant chain, which was one of the country’s first casual restaurant chains, filed for bankruptcy because of Covid-19 lockdowns that forced it to temporarily close its. Restaurant (s): Cosi Buffalo, New York, USA - September 22, 2019: The BRAVO Cucina Italiana restaurant at Walden Galleria in Buffalo; an Italian chain serving pasta, grilled dishes, pizza &. Carrabba's Italian Grill. The 97-unit Sweet Tomatoes/Souplantation buffet chain has gone permanently dark. The 20-year-old restaurant shut its dining room in 2020, and after three. The doomsday prophets materialized just days after indoor dining was shut down in major cities in March 2020. New data from Coresight Research reveals American. Café Mars is open Wednesday and Thursday, 5:30 to 9 p. The 35 Most Popular Restaurants That Won’t Reopen After the. You will find most of Bertucci’s locations in the Northeast of the US, but they do spread down into Virginia. " Burger Chef was almost as big as McDonald's back in the day. Pier 1, which once had more than 1,000 locations, ultimately closed all of its locations. Darden Restaurants said Wednesday it is buying Ruth's Hospitality Group, the parent company of Ruth's Chris Steak House, for $715 million. 1 day ago · Café Mars is open Wednesday and Thursday, 5:30 to 9 p. and is known most for its top-notch pasta dishes, sauces,. Rossa’s Cucina Enoteca: This Italian restaurant near Ontario International Airport opened as Rosa’s Italian Restaurant in 1988. Carrabba’s Italian Grill. Italian Restaurant Chains. When it comes to Italian chain restaurants, Olive Garden is the most successful — both in terms of sales and the number of locations. Restaurant Opens in Brooklyn. Chefs' Favorite Italian Restaurant Chains. But after changing ownership multiple times, the chain folded and went out of business in the early 1980s. 30 Defunct Restaurant Chains From the Past. In May of 2020, it was announced that 71 locations of the popular Italian chain, BRIO Tuscan Grille and Bravo Italian Kitchen might not reopen, following temporary closures due to COVID-19 (via Nation's Restaurant News ). The chain filed for bankruptcy in late January 2020 due to owing somewhere between $50 to $100 million. Even though it had $140 million in revenue, the influx of cheaper solar panels put Solyndra out of business in 2011. Chicken Delight was hatched in 1952 in Illinois when Al Tunick purchased some deep-fryers on the cheap from a restaurant going out of business. On June 12, Earl Enterprises—parent of Planet Hollywood, Buca di Beppo, Bertucci’s, Earl of Sandwich, and Chicken Guy!—announced it finalized the $30 million purchase of the two Italian brands. Sadly, the chain padlocked the doors of all its restaurants last October, as the business was unable to make things work in the “new” world ruled by the ongoing coronavirus pandemic. Maggiano's Little Italy, the Italian restaurant chain known for its tasty dishes and mouth-watering desserts, has also won over many experts in the field. A restaurant chain owned by Bloomin’ Brands, Carrabba’s Italian Grill was founded back in 1986 in Houston, Texas. Claim: The restaurant chain Olive Garden is going out of business and closing down in 2020. The family-style Italian restaurant quickly became a huge success and branched out all over the country with hundreds of national and international locations. Chain restaurants including Pizza Hut and Starbucks are permanently closing over 1800 total locations during the pandemic. Olive Garden Italian Restaurant | Family Style Dining | Italian Food The Comfo t You Cr ve Order Now Join our eClub for news and offers! Enjoy our Every day Specials Family-Style Meals · Wine Bottles To Go* · $6 Take Homes* · Lunch-Sized Favorites · Italian-Inspired Cocktails LEARN MORE *Available at select locations. But for some Atlanta restaurant and bar owners, the devastating loss of revenue over the last few months,. Olive Garden, which features on this list of the best Italian chain restaurants in the US, is also the leading Italian restaurant chain in the US. Photo Courtesy: @NoodlesCompany/Twitter (cake) out how the. In 1971, the building where fast. The company started out in 1985 as "Boston Chicken" in suburban Newton. Horn & Hardart Howard Johnson's was the largest. The chain's flagship store in Philadelphia was converted into a Macy's in 2006 and is now a national. Quite a few well-known eateries, including the cafeteria-style restaurant Luby's, which was founded all the way back in 1947, have also unfortunately had to close restaurants and lay off a number of sta. Small Business When Vapiano went public in 2017, it had a market value of about 553 million euros, or more than $630 million. 1 Gino's Hamburgers Keith Swango / Everybody Goes To Gino's via Facebook. These restaurant chains have closed multiple units for good. Small Business When Vapiano went public in 2017, it had a market value of about 553 million euros, or more than $630 million. Once you've finished learning what happened to these restaurants, be sure to check out 4 Restaurant Chains Making the Biggest Comebacks After Bankruptcy. Goodbye, Ruby Tuesday—the famous restaurant chain named after a Rolling Stones song is shrinking in size across the U. “The decision to close was purely financial,” wrote owner Liz Davis in the restaurant’s newsletter. The Orlando-based parent company of restaurant chains Brio Italian Mediterranean and Bravo Fresh Italian has filed for Chapter 11 bankruptcy protection. Brio Tuscan Grill is an upscale casual-dining Italian restaurant. com have put together a list (in no particular order) of what we believe are the top 10 hottest Italian restaurant franchises based in the U. Bravo! Italian Cucina. Brio Italian Mediterranean and Bravo Fresh Italian Parent FoodFirst Global Restaurants filed for Chapter 11 bankruptcy protection in April after closing 71 of its 92 restaurants. /Yelp Founded in 1988 in Lexington, KY, there are currently more than 200 outposts of Fazoli's in 26 states. Read more: We went shopping at Macy's Backstage and saw why the department-store chain is banking on its off-price model to turn things around.