Pinkberry
Pinkberry is a frozen dessert company. It was founded in January 2005 by Young Lee and Shelly Hwang in West Hollywood, California. All of their desserts taste good, and that is one of the reasons why it became so popular – even celebrities loved and endorsed it. However, because of several factors that negatively affected its sales, Pinkberry was forced to close hundreds of branches that were already failing to reach the quota from 2015 until now.
TGI Friday’s
TGI Friday’s is a restaurant company that features casual dining. It was established in the middle of 1965 by Alan N. Stillman, Daniel R. Scoggin, and Alan Stillman in New York. From its founding year up to present, the restaurant has a total of 870 branches all over the world. However, in 2019, the company announced that they would suddenly be shutting down several branches coming from different locations due to financial reasons.