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Applebee's

Leadership

Why virtual concepts could be a big part of Applebee's and IHOP's future

John Peyton, the new CEO of parent company Dine Brands, sees ample room for additions in the brands' "renaissance."

Financing

Applebee's, IHOP to get smaller sister formats, more virtual brands

Parent Dine Brands Global intends to increase its development options by creating smaller prototypes and opening Flip'd units.

Dine Brands Global also plans to resume development of IHOP's fast-casual spinoff, Flip'd.

Wings and other finger foods will be offered for delivery-only from 1,300 Applebee's restaurants starting today.

Allison Hall will assume his duties on an interim basis as of Jan. 22.

The former Burger King field exec created the brand as a step-up from fast food.

Dine Brands Global will replace Steve Joyce with the CEO of the real estate brokerage company Realogy Franchise Group.

The debt that triggered the bankruptcy filing has been acquired by a restaurant company affiliated with the franchisee’s president, eliminating the need for protection, the creditor said in a court filing.

"Less than 100" IHOP locations are expected to close in the next six months, along with 15 units of sister chain Applebee's.

Neighborhood Wings by Applebee's is currently being tested in 700 locations, with a rollout expected in the first quarter of 2021.

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