Applebee's Is Closing Dozens Of Restaurants To Save On Costs. - Lizzo Returns To Music Industry Wikiforum Create Topic Applebee's decision to close dozens of restaurants stems from various factors impacting the casual dining industry. On thursday, dine equity, the parent company of both ihop and applebeeโs, announced plans to close dozens of restaurant locations across the country. Chiefs at the beloved casual dining chain are now fearing they could shutter up to 35 restaurants. Applebee's execs had initially forecast between 10 and 20 net closures for the. Wendy's, applebee's and red lobster were among the chains that announced restaurant closures in 2025.
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