Up to 160 Applebee's, IHOPs may close

(CNN) — More than a hundred Applebee's and IHOP restaurants could soon be closing their doors.

DineEquity, the parent company, said Thursday, as many as 160 locations could close this fiscal year. A majority of the restaurants closing would be Applebee's.

The company said the exact locations have not been determined. It also has not said how many employees could be effected by the closings.

There are currently about 2,000 Applebee’s and 1,700 IHOPs open worldwide.

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