HomeTown Buffet
At its peak, HomeTown Buffet had over 250 restaurants. Its parent company is Ovation Brands, which was recently bought by Food Management Partners, Inc. Old Country Buffet, Furr’s, Ryan’s Grill, and Tahoe Joe’s are also operated by Ovation, which had been a solo company for 28 years. HomeTown Buffet is a subsidiary which definitely feels the new management heavily since the buffet-style restaurant chain went from operating 250 stores to just 33.
HomeTown Buffet
McCormick & Schmick’s
The American seafood restaurant McCormick & Schmick’s has closed roughly half of its stores, with more in 2020. Bill McCormick and Douglas Schmick founded the restaurant in 1979 and, its base is located in Portland, Oregon. McCormick & Schmick’s is a subsidiary of Landry’s, Inc., which is behind the shutdowns. Currently, the company has under 40 branches in America and five in Canada, and its net income, revenue, equity, and assets have all fallen. Its base has been moved to Texas by Landry’s, which manages McCormick & Schmick’s as well as handles the closing down of branches.
McCormick & Schmick’s
