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In 2014, Elephant Bar filed for bankruptcy and closed 16 restaurants. [6] In 2017, Elephant Bar closed a number of sites with no explanation. In March 2018, Gen3 Hospitality purchased the Elephant Bar chain out of bankruptcy. [7] By 2021, there was only one remaining location in Albuquerque, New Mexico, which has now closed as of April 2023.
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.
Denny's plans to close 150 of its restaurant locations as the company aims to strengthen its cash flow. ... Fifty lower performing restaurants will close by the end of 2024, while the remaining ...
Federal's Detroit, discount department store, closed in 1980. Numerous locations elsewhere across the state as well. Steven West acquired the company, and stores had an unfortunate tendency to burn down. [202] Felder's Department Store Trenton [203] L.H. Field's Department Store, Jackson, Muskegon 122 years, closing in 1987. [227] [193]
U.S. retailers have announced more than 7,100 store closures through the end of November 2024, a 69% jump from the same time last year, according to recent data from research firm CoreSight.
In January 2015, Macy's announced that the company was closing three Ohio stores, including the Kingsdale location, by the end of March. [5] The store closed in late March 2015, and the space was sold to Kroger. Kroger ultimately sold the property to Continental Real Estate, which plans to develop a multi-use project on the site. [37]
The company plans to close its lower volume restaurants, which could include Kentucky. Kentucky Denny's restaurant locations, stores There are nine Denny's locations in Kentucky , according to the ...
Another restaurant chain that’s been the backbone of America's family dining scene for over 70 years is facing closures. According to Restaurant Business, Denny's is set to shutter roughly 150 ...