'Here\'s a list of 10 fast food chains struggling to stay in business. Fast food is a thriving business all around the world, but these are 10 fast food chains that are actually struggling to stay in business! ➡️ Subscribe to BabbleTop: https://www.youtube.com/channel/UCX--mGSg0UwDjl7MDL8H5Jg?sub_confirmation=1 Chain restaurants are a cornerstone of popular food culture, bringing customers consistent, beloved meals on the road, late at night, and whenever a craving hits. The restaurant industry can be cutthroat, however, even for chains that enjoy broad-based success. Here are 10 fast food fast food franchises chains struggling to stay in business. If you enjoyed this list of 10 fast food chains struggling to stay in business, then comment: #fastfood #business #top10 TIMESTAMPS: 0:24 Pizza Hut 1:42 Burger King 2:59 Hometown Buffet 4:16 Hooters 5:22 Qdoba 6:25 Papa John’s 7:41 Subway 9:20 IHOP 10:25 Applebee’s 11:43 Noodles and Co. SUMMARIES: - Yum Brands invested $130 million dollars in 2017 in an attempt to revitalize the Pizza Hut stagnating chain by upgrading equipment, improving technology, and boosting advertising. - Burger King’s parent company, Restaurant Brands International, announced plans in 2018 to modernize Burger King locations through implementation of a plan it’s calling “Burger King of Tomorrow.” - Ovation Brands, the owner of buffet giants Hometown Buffet and Old Country Buffet (along with Ryan’s and Fire Mountain) has reportedly declared bankruptcy three times in the last ten years. - Though Hooters has a unique business model based on a combination of bar food and sexualized servers, it suffers from a lot of the same hurdles as other restaurants on this list. - Qdoba continues to lag behind Chipotle in the fast-casual Mexican food scene. Owner Jack in the Box sold the chain for $305 million dollars in early 2018 due to slowing sales. - Papa John’s failing has been the result of lagging behind industry leader Domino’s ever since it became embroiled in the controversy surrounding past CEO John Schnatter. - Fast sandwich chain Subway enjoyed broad success in the early 2000’s, as its simple sandwiches were seen as a healthier alternative to fast food burgers. - IHOP (or the International House of Pancakes), sister brand to Applebee’s, is another victim of consumers’ shifting preferences toward healthier food and takeout. - Millennials are undeniably changing the food industry, and that’s bad news for casual dining chains like Applebee’s. - Noodles and Company’s lagging numbers are likely due in part to the low-carb eating trend sweeping North America. ➡️ SUBSCRIBE to BabbleTop! https://www.youtube.com/channel/UCX--mGSg0UwDjl7MDL8H5Jg?sub_confirmation=1
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