Headquarters of Applebee's moving from Kansas to California, home of parent company
The headquarters of Kansas City-based Applebee's Neighborhood Grill and Bar is moving to California.
The company also says Steven R. Layt, president of Applebee's, will not move and has resigned.
The Kansas City Star reports (http://bit.ly/1UrJqb9 ) that a statement from DineEquity Inc., the California company that owns the Applebee's and IHOP chains, said the move to Glendale, California, is aimed at spurring brand growth and developing traditional and non-traditional locations.
Applebee's headquarters moved to Kansas City from Lenexa, Kanas, in 2011, after receiving a $12.9 million incentive package.
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Information from: The Kansas City Star, http://www.kcstar.com