Kona Grill
This sushi restaurant started in Scottsdale, Arizona in 1989. At the moment, Kona Grill has 40 locations in the United States and Puerto Rico. Sadly, it has been struggling with closures from the very beginning. In 2019, the company announced that it was applying for bankruptcy. The chain has not given up just yet and remains hopeful that it can land a merger even though the CEO has expressed his desire to resign.
Quiznos
In 2014, Quiznos declared bankruptcy. Luckily, the fast-food sandwich store has since made a comeback after bringing down its debt. In 2002, it had 5,000 locations across the world. The number is now at 800. In 2007, the company started closures after bidding goodbye to 1,000 stores in the United States.