Chipotle
While many people still regularly visit this restaurant chain, not many are aware that Chipotle has been suffering greatly. Its first location was opened in 1993, and it instantly became a hit among consumers. However, Chipotle found itself in a challenging situation due to rising health concerns.
Fewer and fewer customers began visiting Chipotle, and their sales have dropped rapidly. Between 2019 and 2020, 65 of their locations have closed across the country.