10 Fast Food Chains That Are STRUGGLING To Stay In Business!!!

Here's a list of 10 fast food chains struggling to stay in business. Fast food is a thriving business all around the world, but these are 10 fast food chains that are actually struggling to stay in business!
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Chain restaurants are a cornerstone of popular food culture, bringing customers consistent, beloved meals on the road, late at night, and whenever a craving hits. The restaurant industry can be cutthroat, however, even for chains that enjoy broad-based success. Here are 10 fast food fast food franchises chains struggling to stay in business.

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TIMESTAMPS:
0:24 Pizza Hut
1:42 Burger King
2:59 Hometown Buffet
4:16 Hooters
5:22 Qdoba
6:25 Papa John’s
7:41 Subway
9:20 IHOP
10:25 Applebee’s
11:43 Noodles and Co.

SUMMARIES:
- Yum Brands invested $130 million dollars in 2017 in an attempt to revitalize the Pizza Hut stagnating chain by upgrading equipment, improving technology, and boosting advertising.
- Burger King’s parent company, Restaurant Brands International, announced plans in 2018 to modernize Burger King locations through implementation of a plan it’s calling “Burger King of Tomorrow.”
- Ovation Brands, the owner of buffet giants Hometown Buffet and Old Country Buffet (along with Ryan’s and Fire Mountain) has reportedly declared bankruptcy three times in the last ten years.
- Though Hooters has a unique business model based on a combination of bar food and sexualized servers, it suffers from a lot of the same hurdles as other restaurants on this list.
- Qdoba continues to lag behind Chipotle in the fast-casual Mexican food scene. Owner Jack in the Box sold the chain for $305 million dollars in early 2018 due to slowing sales.
- Papa John’s failing has been the result of lagging behind industry leader Domino’s ever since it became embroiled in the controversy surrounding past CEO John Schnatter.
- Fast sandwich chain Subway enjoyed broad success in the early 2000’s, as its simple sandwiches were seen as a healthier alternative to fast food burgers.
- IHOP (or the International House of Pancakes), sister brand to Applebee’s, is another victim of consumers’ shifting preferences toward healthier food and takeout.
- Millennials are undeniably changing the food industry, and that’s bad news for casual dining chains like Applebee’s.
- Noodles and Company’s lagging numbers are likely due in part to the low-carb eating trend sweeping North America.

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