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IHOP AND APPLEBEE’S TO CLOSE SOME LOCATIONS

Dineequity Has Announced It’s Closing Multiple Applebee’s And Ihop Locations. Company Officials Said They Will Close More Than 100 Locations Of Applebee’s As They Struggle To Cut Costs. In Addition, At Least 20 Ihops Will Shut Down, Although Plans Call For Opening More Restaurants Globally. Interim Ceo Richard Dahl Said They Are Investing In The Empowerment Of Their Brands By Improving Overall Franchise Financial Health.