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24/7 Wall St.: America's Disappearing Restaurant Chains

Bakers Square

Change in sales (2001-2010): -72.2 percent
Sales 2001: $220 million
Sales 2010: $61.2 million
Change in units (2001-2010): -69.6 percent

Bakers Square is a casual dining restaurant that, although serving breakfast, lunch, and dinner, is best known for its pies. The restaurant is primarily located in the Great Lakes region and in California. In April 2008, parent company VICORP, now American Blue Ribbon Holdings, LLC, filed for Chapter 11 bankruptcy due to declining restaurant sales and high lease rates. The company closed 56 stores, including the original Bakers Square in Des Moines, Iowa. Only 45 Bakers Square restaurants remain, compared to the 148 that existed in 2001.

(Photo Credit: http://www.flickr.com/photos/saaby/20301939/)

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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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