+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Some of America's classic restaurant chains are disappearing into oblivion

Mar 9, 2016, 22:22 IST

Roy RogersNot all of your childhood favorite chains are still going strong.

Advertisement

Chains from Roy Rogers to Quiznos are shrinking, reports Nation's Restaurant News. As fast-casuals with fresh ideas and business models blossom, not all of the old guard can keep up.

Here are four classic American chains that are fading away.

1. Roy Rogers

When Roy Rogers was sold to Hardee's in 1990, it was 650 locations strong. Then, the new parent company converted many to Hardee's locations, and sold others to rival restaurant chains. Today, there are about 50 locations in the US - though the company says it is trying to grow again.

2. Old Country Buffet

HomeTown Buffet

Advertisement

Earlier this month, the parent company of Old Country Buffet, HomeTown Buffet, and Ryan's closed 92 locations in a single weekend. Simultaneously, the company filed its third bankruptcy in eight years. Just ten years ago, the company had 675 locations. Today, it is down to 92 units.

3. Bennigans

In 2008, the casual-dining chain declared bankruptcy, shutting down all 150 of its domestic locations. The self-described "neighborhood restaurant and tavern" just celebrated its 40th anniversary in February. The company today has 150 restaurants open or under contract, with international expansion in Mexico, Cyprus and the United Arab Emirates.

4. Quiznos

Nicholas Eckhart/Flickr

The downfall of this sandwich chain is one of the biggest cautionary tales in the industry. In the early 2000s, it seemed like Quiznos was everywhere. However, in the last decade the chain has gone from nearly 5,000 US locations to less than 1,000.

Advertisement

NOW WATCH: Trump celebrated victory with a batch of 'Trump Steaks' that some are saying were actually from another company

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article