McCormick & Schmick’s
After shutting down almost half of the locations, McCormick & Schick’s plans to shut down more by 2020. Headquartered in Portland, Oregon, the company is a subsidiary of Landry’s Inc. There are around forty locations in the United States and five more in Canada. If you look at its assets, equity, revenue, and net income, you can tell that it is not doing well. Landry’s has shut down a number of branches and moved its HQ to Texas.
McCormick & Schmick’s
Fuddruckers
There was a time when fans of crispy chicken fingers went to Fuddruckers to get their fix. When the business was at its peak, it had almost 111 franchises on top of 77 locations across the country. Its revenue rests at $150 million. The company is hoping to improve its profit by shutting down certain locations. The headquarters are located in Texas, and the business has seen many ownership changes.
Fuddruckers