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March 22, 2007 at 4:58 pm
#2478304
Are we finnaly starting to win the battle?
"Applebee’s is closing 24 company-owned restaurants that it said are not meeting performance goals. Ten of the restaurants to be closed are in two New England states. The remainder are spread over nine states.
Applebee’s will not reveal specific states because it has just started talking with the affected stores. In addition, a shareholder activist is demanding that Applebee’s sell most of its 528 corporate-owned locations."