Applebee's is expected to close at least eight restaurants next month including this one on LaGrange Road in Mokena. |
Southland Savvy
Applebee’s restaurants in Homewood, Mokena and Tinley Park
are among eight expected to close next month as part of a bankruptcy involving
their franchise owner.
The casual-dining chain has 33 locations in the Chicago area
and all are owned and operated by AppleIllinois LLC, which filed for Chapter 11
bankruptcy protection last month in the Eastern District of Kentucky.
In court filings, AppleIllinois said it expects to sell 15
of the restaurants for $2.4 million to RMH Illinois LLC as part of an auction
supervised by the U.S. bankruptcy court. No specific locations were mentioned
in court documents.
The eight slated for closure are among 18 that are expected
to go on the auction block no later than June 10. No buyer has been identified
for the 18 locations but the franchisee indicated there was interest in at
least some of them.
A spokesman for AppleIllinois told the Tribune that
additional locations may close after the auction.
Applebee’s has 2,000 U.S. restaurants, of which all but two
dozen are owned by independent business owners.
Also expected to close are restaurants in Geneva, Palatine, Romeoville,
Schaumburg and Streamwood.
Because of the uncertainty, AppleIllinois has informed the
state of potential layoffs totaling more than 1,700 in Cook, DeKalb, Kane,
Kendall, DuPage, Lake, McHenry and Will counties.
“They notified employees at all 33 restaurants,” AppleIllinois
spokesman Dan Smith told the Tribune.
Layoffs will begin June 22 and be completed by July 6,
according to court documents.
The chain also has Southland locations in Matteson, Country
Club Hills, Crestwood, Calumet City, Evergreen Park, Hodgkins, Chicago and
Joliet.
Locations in northwest Indiana are not affected by the
bankruptcy.
Sherwin-Williams
opens in New Lenox
A new Sherwin-Williams paint store opened last week at 1060
E. Lincoln Highway in New Lenox.
Hours are 7 a.m. to 8 p.m. Monday through Friday, 8 a.m. to
6 p.m. on Saturday and 10 a.m. to 6 p.m. on Sunday.
The store is managed by Megan Campbell.
For information, call 815-463-8990 or visit Sherwin-Williamsonline.
Siam Marina closes
this week
Unless they get another extension on their lease, Siam
Marina will be closing its Calumet City location in River Oaks Mall on
Wednesday.
The popular Asian fusion seafood restaurant will be moving
into new digs at 16846 S. Oak Park Ave. in Tinley Park sometime this summer. It
has already had its lease in Cal City extended a couple of times.
The restaurant combines Thai, Vietnamese and other Asian
cuisines together with a seafood theme.
Owners are executive chef Tammy Pham, who grew up in Saigon,
and her husband Sapion Chung, who was born in the United States and who manages
the restaurant.
They also own Asparagus, an Asian fusion and vegetarian
restaurant, in Merrillville, Ind.
Evergreen Menards
kicks off grand opening
The Evergreen Park Menards grand opening celebration will run
through May 19 at 9100 S. Western Ave. Scheduled events and appearances include:
- John Cage, chainsaw carver, daily demonstrations from 9 a.m. to 5 p.m. May 11 through May 14.
- Dan Hampton, legendary Chicago Bears player, from 6-8 p.m. May 13.
- Otis Wilson, legendary Chicago Bears player, from 6-8 p.m. May 15.
- Jack McDowall, 1993 Cy Young winner for the Chicago White Sox, from 6-8 p.m. May 16.
- Paul Menard’s 2011 Indy Brickyard No. 27 car and Matt Crafton’s No. 88 truck, from noon to 8 p.m., May 13-15
- Matt Crafton, NASCAR truck series driver, Menards-sponsored Toyota Tundra No. 88, 5-7 p.m. May 14.
- Mr. Clean from noon to 5 p.m. May 18.
If you see a new business in town or wonder what happened
to an old favorite, drop me a line at bobbong@hotmail.com.
You can also catch up on Comings & Goings in other
parts of the Southland at www.southlandbusinessnews.com.
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