IHOP
IHOP, or International House o pancakes, was first opened in 1958. In 2007, the company acquired Applebee's. You may recall their unsettling attempt at rebranding from IHOP to IHOb, or International House of Burgers. Unfortunately, the campaign fell flat, and the chain has closed as many as 40 locations.
O'Charley's
Over the years, O'Charley's has become nothing more than a black hole for investors. Once a popular establishment in the Southern and Midwestern states, O'Charley's has shut down a number of its stores. In one day, the chain closed eight of its locations, including the only O'Charley's in Florida.