Noodles & Company
Noodles & Company was founded in 1995 and enjoyed a couple of years of success. Sadly, the revenue has started to go down. After the early ‘00s, people no longer seemed as interested in noodles as before. However, what really put a damper on the campy was the 2016 data breach that compromised the personal information of the customers across several states. In fact, the company lost $11 million in revenue because of this controversy. On top of that, it shut down 10% of its stores in 2018.
Joe’s Crab Shack
A lot of Americans used to adore Joe’s Crab Shack, which is an informal seafood chain specializing in huge buckets of stuffed shrimp and crab. However, it has not been doing very well as of late. Many attributed this to its strong competitors like Bubba Gump and independent seafood restaurants. In 2017, the business declared bankruptcy and shut down 41 locations. At the moment, it still has 58 stores open. However, this number is expected to go down some more before the year ends.