A restaurant now announces an unexpected closure after 10 years of service to its community, resulting in layoffs at the location.
An Applebee’s restaurant in New York will close in just days after more than a decade of serving loyal fans, reports The-Sun.
Officials for the franchisee revealed they had loved serving diners in the area for 15 years, per the ABC affiliate WTEN.
They added they had appreciated customers flocking through the doors over the years.
“We hope to see you at our neighboring restaurants throughout the Albany and Hudson Valley markets,” a spokesperson from T.L. Cannon told The Daily Gazette last month.
Workers to be impacted by the shutdown have been offered new jobs.
But news of the closure has caught fans off-guard.
“We’ve never had a bad experience there and the staff was always so friendly and always good service!” one diner said.
“My son will be sad.. he liked it there,” a mom added.
Diners said they feel bad for the workers who are to be impacted.
Others commented online they needed to go back one last time to enjoy their restaurants.
Diners can enjoy their favorite appetizers and entrees at Applebee’s restaurants across the state.
The Hudson restaurant will close just weeks after an Applebee’s establishment in Waco, Texas, also shuttered.
Bosses apologized to customers in a note that was pinned to a window.
News of the closure went viral and sparked diners to share their memories on social media.
Earlier this year, an Applebee’s establishment in Antioch, California, also closed, bringing an end to more than 25 years of business.
For more news and updates like this, opt-in for push notifications.
Also Read: An Unexpected Retailer Is Now Closing All Stores in Illinois
Other Economy News Today
A massive clothing retailer is now closing all 540 stores in just six weeks after unexpectedly filing for bankruptcy.
Liquidation sales will be held at rue21 outlets across the US as bosses rush to clear the last remaining stock.
The clothing retailer has entered bankruptcy and bosses have announced plans to close all 540 remaining stores within six weeks, reports The US Sun.
It is the third time in less than 25 years the fashion retailer has entered bankruptcy, per Bloomberg.
Court documents seen by Reuters revealed the company has more than $190 million of debt.
The chain has 540 stores across the US and 4,900 workers are set to be impacted.
Outlets are to slam shut within four to six weeks, according to court papers.
Bosses also announced plans to sell the company’s intellectual property.
The company narrowly avoided going into bankruptcy in October 2022.
Chiefs filed for bankruptcy in 2017 as they rushed to clear around $700 million worth of debt.
Bosses shuttered 400 stores as well and renegotiated leases.
Execs identified the rise of online shopping and changing consumer trends as reasons behind the bankruptcy.
Michele Pascoe, the interim CEO, also alluded to the impacts of competition and inflation.
The company also filed for bankruptcy in 2002.
At its peak, the company had more than 1,000 stores across the US.
The chain has dozens of outlets across several states, including Florida, Georgia, Illinois, North Carolina, Pennsylvania and Texas.
The teen fashion retailer is not the only clothing chain that has entered bankruptcy over the past year.
Last month, Express chiefs filed for bankruptcy, and at least 100 stores are set to close.
Also Read: Retirees Will Now Receive More Money For Social Security
Market News Published Daily 📰
Don’t forget to opt-in for push notifications so you don’t miss a single article!
Also, thank you to all of our blog sponsors.
This year we’ve been able to increase push notifications slots making it more convenient than ever for new readers to receive their daily market news and updates.
Scroll below to view my stock purchases this month!
You can also follow me on X (Twitter), Instagram, Facebook, or LinkedIn for daily news and updates on your favorite stories.
Frank Nez’s Stock Portfolio
Wondering which stocks Frank Nez is holding? Which stocks is Frank Nez buying?
Frank Nez is now sharing his exclusive and personal stock portfolio with readers, only on the Patreon.
11/16/2023 – Today I invested $1,000 in two different stocks for a brand new stock dividend portfolio I am creating for 2024.
Recommended For You ✨
About The Author
Leave your thoughts below.
For more news and updates like this, opt-in for push notifications.