OVERLAND PARK Kan. With the IHOP Corp. acquisition of Applebee’s International Inc. expected to close Thursday, the Applebee’s chain reported on Wednesday a 1.6-percent year-to-year drop in systemwide, domestic same-store sales for November. At domestic corporate locations, the majority of which are slated for sale to franchisees once IHOP embarks on its turnaround plan, same-store sales declined 2.3 percent for the four weeks ended Nov. 25. Guest traffic at corporate locations fell ...
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