Noodles & Company
Noodles & Company started in 1995 and became successful in those years. However, every passing year, their revenue began to decline. In the 2000s, most individuals lost interest in eating noodles. In 2016, the company had suffered a cyber-attack and took all their customer’s information. They lost $11 million in that attack. In the end, they decided to shut down 10% of their restaurants last 2018.
Noodles & Company
Joe’s Crab Shack
Joe’s Crab Shack became famous because of their seafood meals. People favored Joe’s Crab Shack, but it was rivaled with other seafood stores like Bubba Gump that attracted some of their customers. In 2017, the company applied for bankruptcy that ended up shutting down 41 of its branches. There were even more stores that would close this year. However, 51 units continued serving customers.
Joe’s Crab Shack