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Wendy's has announced plans to close 140 underperforming restaurants by the end of 2024, on top of the 100 it said it would close in May. ... The chain reported a 2.8% increase in same-store sales ...
Outback Steakhouse parent company Bloomin’ Brands, which also owns Carrabba’s Italian Grill, Bonefish Grill and more chains, has closed 41 restaurant locations.
Red Lobster also closed 23 restaurants in August, after closing 83 locations earlier this year, as part of its bankruptcy proceedings. In June, Hooters closed an unspecified number of restaurants.
Wendy’s is closing 140 restaurants in the coming months, the fast food chain announced this week. But the company said it would open an equal number of new locations in areas it believes can ...
F.A.O. Schwarz – sold to Toys 'R Us after bankruptcy in 2009; all stores closed except original NYC flagship store, which closed in 2015. [178] The chain was bought out by ThreeSixty group and opened two new locations in Rockefeller Center, and LaGuardia airport, with plans to open up to 30 more in the future.
Fans of Outback Steakhouse may be surprised to see their local restaurant permanently closed after the chain’s parent company abruptly ... spot, with same-store sales up 2.5%. ... to shop today ...
Wimpy Grills – founded in Bloomington, Indiana, in 1934; eventually grew to 25 locations within the United States and 1,500 outside of the U.S.; its international locations were eventually sold to J. Lyons and Co. in the United Kingdom, which remains open while all of the American locations eventually closed by 1978 [14] [15] [16] [17]
Additionally, Restaurant Business Magazine reported that the chain closed 113 restaurants in 2018 alone and then shuttered another 140 between 2018 and May 2024. Dickey’s had 385 locations left ...