Joe’s Crab Shack

Restaurants across the country are seeing major declines thanks to the same unseen trends that are pulling customers away. Joe’s Crab Shack is one of them.
The company saw nearly one-third of its stores close suddenly because of a rapid decline in sales. To make matters worse, its parent company filed for bankruptcy. Joe’s Crab Shack was saved at the last minute when the company was bought by an investor, but more closures are planned and things just don’t look good for Joe’s.