Move to smaller space expected to save money
Applebee’s Grill & Bar will move its headquarters from Lenexa, Kan., to nearby Kansas City, Mo., by the end of September, the chain said Friday. Applebee’s parent company, Glendale, Calif.-based DineEquity Inc., said in April it was looking for a new headquarters site for the casual-dining chain in order to cut costs. At the time, DineEquity estimated that terminating the lease on its larger Lenexa offices would allow it to reduce debt by about $34 million. EARLIER: ...
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