It has been announced that as many as 135 Applebee’s restaurants and 25 IHOP restaurants may close this year due to poor sales. The reason for the restaurant closures is due to a decline in sales for both Applebee’s and IHOP for the second quarter of 2017. At this time, it is not known which locations will be closing or when they are expected to close. However, the two restaurant chains will be opening 125 restaurants globally in new locations.
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