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

Bennigan’s Grill & Tavern

Change in sales (2001-2010): -87.9 percent
Sales 2001: $565 million
Sales 2010: $68.5 million
Change in units (2001-2010): -87.5 percent

Bennigan’s is an Irish-themed, casual dining restaurant with locations across the United States. In July 2008, the restaurant filed for Chapter 7 bankruptcy protection. The company closed its 160 corporate-owned locations, laying off approximately 10,000 employees in the process. Of the 138 franchised locations that avoided the bankruptcy filing, only 35 remained as of 2010.

(AP Photo/Paul Sancya)

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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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