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Applebee's to close 163 locations in 15 states, blames millennials

http://journalstar.com/business/local/owner-of-lincoln-apple...
Aquamarine Outnumbered House Personal Credit Line
  05/14/18
There are way too many applebees
pink university fortuitous meteor
  05/14/18
Applesbee
racy center
  05/26/18
...
yellow soggy masturbator nursing home
  05/26/18
a spokeswoman for RMH Franchise, said all locations will rem...
Aromatic hot step-uncle's house
  05/26/18
Millenials are vain and want to be "seen", so if t...
salmon laughsome windowlicker blood rage
  05/26/18
there's nothing like going back to your hometowm applebee's ...
Chrome soul-stirring people who are hurt location
  05/26/18
the food's just not good, folks.
Snowy Razzmatazz Resort
  05/26/18


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Date: May 14th, 2018 9:07 AM
Author: Aquamarine Outnumbered House Personal Credit Line

http://journalstar.com/business/local/owner-of-lincoln-applebee-s-declares-bankruptcy-owns-locations-in/article_592961ab-6e74-5230-bae5-34de559d7c09.html

The company that owns the three Lincoln Applebee's restaurants has filed for bankruptcy.

RMH Franchise Holdings, which owns the Lincoln Applebee's as well as eight others in Nebraska, filed for Chapter 11 bankruptcy protection Tuesday morning in Delaware.

The petition filed Tuesday listed RMH Holdings as well as affiliated companies RMH Franchise Corp., NuLnk Inc., RMH Illinois LLC and Contex Restaurants Inc.

In its bankruptcy petition, the company, which has corporate offices in both Lincoln and Atlanta, listed both its assets and liabilities as being between $100 million and $500 million. The petition said the estimated number of creditors is between 5,000 and 10,000.

No list of creditors or any other document other than the bankruptcy petition was filed on Tuesday.

A Chapter 11 bankruptcy filing gives a company a chance to reorganize its finances under a court's supervision so it can attempt to stay in business.

Robin Jenkins, a spokeswoman for RMH Franchise, said all locations will remain open and operating during the bankruptcy process.

"We are excited to continue serving our guests in all our neighborhoods," she said in an email.

Like many established restaurant chains, Applebee's has struggled over the past few years with competition from newer chains and a preference among millennials for fast-casual chains.

Dine Global Brands, the parent company of Applebee's, closed nearly 100 locations last year and said it planned to close another 60 to 80 this year.

RMH Franchise, which is the second-largest Applebee's franchisee, currently owns 163 locations in 15 states, which is down from 167 just a couple of months ago and 173 three years ago.

In addition to the Lincoln Applebee's, RMH owns locations in Columbus, Grand Island, Hastings, Kearney, North Platte, Scottsbluff, Sidney and York.



(http://www.autoadmit.com/thread.php?thread_id=3976379&forum_id=2#36046077)



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Date: May 14th, 2018 9:12 AM
Author: pink university fortuitous meteor

There are way too many applebees

(http://www.autoadmit.com/thread.php?thread_id=3976379&forum_id=2#36046103)



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Date: May 26th, 2018 4:13 PM
Author: racy center

Applesbee

(http://www.autoadmit.com/thread.php?thread_id=3976379&forum_id=2#36132528)



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Date: May 26th, 2018 4:15 PM
Author: yellow soggy masturbator nursing home



(http://www.autoadmit.com/thread.php?thread_id=3976379&forum_id=2#36132539)



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Date: May 26th, 2018 4:15 PM
Author: Aromatic hot step-uncle's house

a spokeswoman for RMH Franchise, said all locations will remain open and operating during the bankruptcy process.

(http://www.autoadmit.com/thread.php?thread_id=3976379&forum_id=2#36132537)



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Date: May 26th, 2018 4:15 PM
Author: salmon laughsome windowlicker blood rage

Millenials are vain and want to be "seen", so if they are going out to eat, it can't be a chain.

(http://www.autoadmit.com/thread.php?thread_id=3976379&forum_id=2#36132541)



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Date: May 26th, 2018 5:00 PM
Author: Chrome soul-stirring people who are hurt location

there's nothing like going back to your hometowm applebee's with friends and getting sloshes on half priced drafts (2.5$) and appetizers ($4 for mozzerala sticks, nachos, wings, etc.)

(http://www.autoadmit.com/thread.php?thread_id=3976379&forum_id=2#36132775)



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Date: May 26th, 2018 5:01 PM
Author: Snowy Razzmatazz Resort

the food's just not good, folks.

(http://www.autoadmit.com/thread.php?thread_id=3976379&forum_id=2#36132779)