New Jersey’s Favorite Fast Casual Restaurant Is Closing Several Locations

One of the most well-known restaurant chains in the country, especially in New Jersey, is downsizing.

FinanceBuzz recently collected data to see which fast-casual restaurant chains were the most popular nationwide and this restaurant was considered New Jersey's favorite.

That's why it's surprising to hear it's closing several locations.

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You can read more about its popularity in the Northeastern region of the country, which is home to where 6 of those 9 states are located, including neighboring states Pennsylvania and Delaware.

Read More: Have You Tried New Jersey’s Favorite Fast Casual Chain Restaurant?

Applebee's is Closing Several Restaurants in 2024

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“We’re expecting 25 to 35 net fewer domestic Applebee’s restaurants,” according to Applebee’s President Tony Moralejo.

The company also owns IHOP.

Today.com reports it's all part of the plan.

With the closing of up to 35 Applebee's, 25 new IHOP restaurants are expected to open.

Moralejo went on to say, “With our new development strategy in place, we feel confident in our ability to continue to open up new restaurants and scale the footprint of our brands over time."

It was nearly 7 years ago when Applebee's closed around 100 restaurants throughout the country, but on the flip side, IHOP opened 46 restaurants last year alone.

I'm curious which one you like better.

Are you more of a fan of Applebee's or IHOP?

Choosing between the two, I'd go with Applebee's.

Applebee's first opened back in 1980.

New Jersey is home to 55 Applebee's, so you may have to travel a little more of a distance to find one.

There's no word yet on what locations will be closing and exactly when, but I'll keep you posted.