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However, Outback said it plans to open as many as 18 new restaurants in the US this year, reflecting a redesigned restaurant layout that it unveiled in 2022. It has about 700 locations in the US ...
At least 50 of Denny's lowest performing restaurants will close by the end of 2024, the company said, while 100 other restaurants will be shuttered next year to increase Denny's overall cash flow.
At least 50 of Denny's lowest performing restaurants will close by the end of 2024, the company said, while 100 other restaurants will be shuttered next year to increase Denny's overall cash flow.
Signs on door of a Graeter's ice cream parlor in the Hyde Park neighborhood of Cincinnati during government-mandated closings. The COVID-19 pandemic impacted the United States restaurant industry via government closures, resulting in layoffs of workers and loss of income for restaurants and owners and threatening the survival of independent restaurants as a category.
John E. Taxin closed the restaurant for renovations just after New Year's Day 2002. After a $4.5-million renovation that added condominiums, a downsized version opened in early 2005. In 2006, less than 16 months later, the restaurant filed for protection under Chapter 11 of the U.S. Bankruptcy Code. At a hearing on April 29, 2009, Judge Eric L ...
The company also saw declines in sales percentages across its brands year over year, with same-store sales at company-owned restaurants declining a combined 0.2%, though it reported a 2.6% ...
For the third quarter — which ended Sept. 29 — Wendy’s reported a net income of $50.2 million, or 25 cents per share, which was down from $58 million (28 cents per share) in the same period ...
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