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DineEquity, the parent company of Applebee's and IHOP, will close up to 160 restaurants in 2017, according to USA Today.
From 105 to 135 Applebee's will close, and up to 25 IHOP locations will close.
DineHop will also open 125 new locations.
Applebee's in particular has suffered losses as consumers gravitate away from casual dining and toward quick-service restaurants. DineHop did not announce which locations will close.
There are close to 10 Applebee's locations in New Mexico and 21 IHOP locations…
Albuquerque Business News - Local Albuquerque News | Albuquerque Business First
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