Are ApplebeeS And Tgi Fridays Owned By The Same Company? Celebrity

Posted by Abbie Anker on Wednesday, June 19, 2024

Applebee’s and IHOP live under the same company, Dine Brands, after the investor completed the acquisition of Applebee’s International Inc. for $2.1 billion in 2007. Those are the only two restaurants operating under their umbrella, but collectively, the global company operates over 3,600 locations between the two brands.

TGI Fridays CEO John Antioco, for example, told Business Insider that the chain’s decision to open more locations in the suburbs seven to eight years ago contributed to the brand’s current struggles and sales slump. Lower grocery prices are convincing more customers to eat at home instead of spending more to eat at casual dining chains.

Another casual eatery in the neighborhood, Applebee’s, has been around since 1980, serving up everything from wings and burgers to salads and seafood. And while both eateries boast a casual come-as-you-are atmosphere, they don’t have much in common other than their parent company.

Arby’s eventually split from Wendy’s and was acquired by its parent company Roark Capital, which eventually founded Inspire Brands in 2018. Inspire Brands ended up adding another sandwich maker to their line-up, purchasing Jimmy John’s in 2019.

Where is Applebee’s located?

Applebee’s opened up shop right outside Atlanta in Decauter, Georgia. Today, in its own home state, it still has more open restaurants than its two competitors combined – just barely.

Earlier this month, the restaurant’s Facebook page started a decline in Likes, a trend that might be worrisome if it continues.

TGI Fridays did not start taking advantage of this metric until late last year, as user posts from Fridays locations were not being tagged to where the restaurant was. Since it started using this system, its “Were Here Count” grew at a steady rate.

Who owns Arby’s sandwich?

Inspire Brands ended up adding another sandwich maker to their line-up, purchasing Jimmy John’s in 2019. But Inspire Brands’ reach certainly doesn’t stop there.

As guests munched on cheddar biscuits, the chain caught the attention of Golden Gate Capital, and the parent company purchased Red Lobster for $2.1 billion in 2014. The sale was the latest feather in the parent company’s cap, adding the chain alongside California Pizza Kitchen, which it had purchased in 2011.

Low and behold, 31 (and then some) flavors later, and more than 70 years under their belt, Baskin-Robbins is still going strong. With more than 1,300 flavors over the years, from Jamoca Almond Fudge and Rum Raisin to Green Tea, Baskin-Robbins certainly accomplished offering a flavor choice for every type of ice cream lover.

Quite a bit it seems. Tim Hortons, opened in 1964, is Canada’s largest restaurant chain, with a focus on coffee drinks, baked goods, and sandwiches. Home to The Whopper, Burger King was established in 1954, serving up their signature burgers and fries.

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The first Red Lobster opened in 1968 as founder Bill Darden hoped to bring great seafood to everyone in a convenient, affordable way. The concept caught on, and restaurant guests have been enjoying copious amounts of seafood ever since.

Walk into a Krispy Kreme doughnut shop, and you can immediately smell that signature scent of freshly glazed doughnuts. Opening its doors in 1937, the doughnut chain has been well-known for serving up warm confections right off the conveyor belt or boxed up by the dozen.

Popeye’s, established in New Orleans in 1972 was added to the family as well. According to Nation’s Restaurant News, the company purchased Popeyes in 2017 and snatched up the popular fried chicken chain for $1.8 billion with plans for plenty of future growth.

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