Applebee’s to shut Calexico restaurant after two decades as challenges mount
Dine Brands will close the Calexico Applebee’s this month amid a wave of U.S. restaurant closures, putting nearly 30 jobs at risk as the company shifts focus to dual-branded Applebee’s-IHOP locations; Applebee’s same-restaurant sales rose just 1.9% last quarter, trailing rivals Chili’s and Olive Garden, while Dine Brands warns inflation and rising costs could impact future performance.