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Restaurant Chains Applebee’s And IHOP To Close Over 100 Stores

CHICAGO, IL – AUGUST 10: An IHOP restaurant serves customers on August 10, 2017 in Chicago, Illinois. DineEquity, the parent company of Applebee’s and IHOP, plans to close up to 160 restaurants in the first quarter of 2018. The announcement helped the stock climb more than 4 percent today. (Photo by Scott Olson/Getty Images)