Story perspectives

Applebee's Closes Locations Amid Rising Costs, Restructuring Plans

2/26/2026

Summary

Story summary

Applebee's is closing locations in New York, Missouri, and Indiana as part of a restructuring targeting underperforming restaurants.
Two closures involve Evansville, Indiana locations that had operated for nearly 30 years.
Rising costs for food, utility, and labor contributed.
Dine Brands Global, the parent company of Applebee's and IHOP, plans to open 80 dual-branded Applebee's and IHOP restaurants in 2026.
Bahama Breeze also closed locations due to economic pressures.

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Story summary

Applebee's is closing locations in New York, Missouri, and Indiana as part of a restructuring targeting underperforming restaurants.
Two closures involve Evansville, Indiana locations that had operated for nearly 30 years.
Rising costs for food, utility, and labor contributed.
Dine Brands Global, the parent company of Applebee's and IHOP, plans to open 80 dual-branded Applebee's and IHOP restaurants in 2026.
Bahama Breeze also closed locations due to economic pressures.