Pct. of stores closed
: 79.1% Total stores
: 52 Stores closed
: 197 2011 sales
: $44 million Pct. decline in sales
Country Kitchen was started in 1939 as a hamburger stand in Cincinnati, Ohio, and has been a national chain since 1958. Currently, however, it is concentrated in the Midwest and Plains states. In recent years, the chain has struggled to continue attracting customers. According to Technomic’s Tristano, the restaurant exists in the highly competitive mid-scale family style market, which has been crowded out by fast-casual dining. Between 2001 and 2011, Country Kitchen closed almost 200 locations, with the total number of restaurants falling from 249 to 52, as sales declined by more than 80% during the same period.
(AP Photo/Jae C. Hong) More From 24/7 Wall St.
: 9 Beers Americans No Longer Drink The Cities Where Violent Crime is Soaring 10 Brands That Will Disappear in 2013 The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.