The Snickers bar in Chicago will shut down by 2020, according to the company.
The Snicker Bar has been a popular spot in Chicago for decades, and has been known for its candy bar offerings for over a decade.
The bar had plans to reopen by 2020 but has been hit by a lack of orders, and its plans for an expansion to a third location have been postponed.
The Chicago bar, which is owned by American Beverage, is located in the West Loop.
“We are very disappointed with the outcome of the Snickers Board of Directors meeting last night, and are planning to continue our efforts to grow our business and remain competitive in the market,” said the Snicker’s Chief Operating Officer, Michael Cottrell.
“We have a long-standing partnership with American Beverages, and will continue to invest in our business.”
In an earlier statement, the Snicks said that the bar would close for good at the end of the month, with plans to make its return to its original location in Chicago.
The company did not offer details on the exact reasons for the closing, but it said that “there was not enough demand for the bar to remain in its current location, and the timing of the decision to close was not optimal.”
More from Business Insider: