Today's Business Headlines: 10/22/24
The budget-friendly, and belly-busting chain, will close 150 underperforming locations over the next year, cut hours of operation and slash its vast menu as financially-pressed diners cut back on spending, the company said Tuesday.
The stores that are closing are all “underperforming restaurants” that are either too old to be remodeled or in areas that have become unprofitable, said Denny’s executive vice president Steve Dunn. Denny’s said it will relax one of its hallmark features – its 24/7 operating hours – recognizing that many of its franchisees can no longer afford to stay open for such an extended period.About one quarter of its eateries never resumed keeping their doors open 24/7 after the pandemic.
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Denny's says it expects to close 150 locations by the end of 2025Denny’s says it’s closing 150 of its lowest-performing restaurants in an effort to turn around the brand’s flagging sales.
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Denny’s says it expects to close 150 locations by the end of 2025Denny’s says it’s closing 150 of its lowest-performing restaurants in an effort to turn around the brand’s flagging sales.
Read more »
Denny's says it expects to close 150 locations by the end of 2025Denny’s says it’s closing 150 of its lowest-performing restaurants in an effort to turn around the brand’s flagging sales.
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Denny's is closing 150 restaurants over the next yearOther changes at Denny's include a slimmed-down menu, with the number of options whittled down to 46 from 97.
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Denny's is closing 150 restaurants over the next yearOther changes at Denny's include a slimmed-down menu, with the number of options whittled down to 46 from 97.
Read more »
Denny’s is closing 150 restaurantsDenny’s is closing 150 restaurants over the next year, and the 71-year-old diner chain is mulling a major change to its 24/7 operating hours.
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