WATERLOO -- The Perkins Restaurant and Bakery on University Avenue closed over the weekend, leaving about 20 people without jobs.
Company officials said the decision to close was based on declining sales and increased operating costs that made it untenable to remain open.
“We are so grateful for our dedicated Perkins team members in Waterloo and truly appreciate their years of service,” said Jim Frank, chief operations officer of Perkins. “It has been our privilege to serve the community of Waterloo. We thank those we’ve been able to serve in Waterloo and all our customers for their continued loyalty.”
The corporate restaurant closed its doors for good Sunday, and about 25 workers were affected by the closure, according to Perkins officials.
All of the employees were encouraged to apply for positions at the franchise-operated Perkins restaurant at 4045 Hammond Ave., which remains open. The franchise owner is aware of the University Avenue closure and is holding open interviews for those employees.
In August, the chain's Memphis-based parent company filed for Chapter 11 bankruptcy and closed 10 Perkins locations in Florida, Wisconsin, Kansas and Minnesota and shut down 19 Marie Callender's restaurants in California and Utah.
Huddle House bought the Perkins restaurants in October, according to media accounts. Huddle House operates 351 locations.
Perkins and Marie Callender’s merged in 2006. The two brands both had long histories. Perkins, which once had close to 500 locations, had been around since 1958. It now operates around 350 locations. Marie Callender’s, which once had 138 units, was among the oldest full-service dining chains in the U.S., having opened in 1948. It is now down to 28 restaurants.
The Courier's Most-Read Local Business Stories from 2019.
The Courier's Most-Read Local Business Stories from 2019
Here are the most-read stories about local business openings, closings and happenings in The Courier in 2019, as measured in users to wcfcourier.com.
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