Starbucks
When thinking of Starbucks, one does not instantly think “restaurant” but let’s remember they do sell food and desserts besides their well-known coffee. The coffee giant made an unexpected and major announcement in 2018, they would be shutting 150 locations across the U.S down in order to utilize their market and increase revenues. This rate of closures is three times the norm for Starbucks.
Starbucks
T.G.I. Friday’s
T.G.I Friday’s was founded in New York City, in 1965. Their story is as sweet as their name. The idea behind the concept was to create a place specifically targeted at people in their twenties and thirties. It was intended to be a place for them to socialize in a fun, yet relaxing environment. In today’s day and age, the joint is less popular amongst those in their twenties and thirties. Unfortunately, they decided to close down branches in prime locations like Tallahassee, Staten Island, and Washington DC. This began in 2018 and 2019.
TGI Fridays
