Denny's is closing 150 restaurants over the next year

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Denny's is closing 150 restaurants over the next year
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Other changes at Denny's include a slimmed-down menu, with the number of options whittled down to 46 from 97.

Denny'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.

Denny's is targeting "underperforming restaurants" that are weighing down the company's financial performance, according to Steve Dunn, Denny's executive vice president and chief global development officer. The affected locations are either too old to be remodeled or in areas that have become unprofitable.

Denny's joins a broader trend of restaurants slashing hours since the pandemic. Major shifts in customer behavior, including earlier dinner times and drinking less alcohol late into the evenings, have held back a return to pre-pandemic patterns. Higher labor and food costs have also led restaurants to close earlier.

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