By Free Republic | Created at 2024-10-23 17:40:00 | Updated at 2024-10-23 19:26:12
1 hour ago
Dennys to close 150 Restaurants
Citizen Watch Report ^
Posted on 10/23/2024 10:39:25 AM PDT by davikkm
Denny’s plans to close 150 underperforming restaurant locations by the end of 2025 as part of a strategy to address declining sales. Here are the key points surrounding this decision:
Reason for Closures: Denny’s has experienced a fifth consecutive quarter of year-over-year declines in same-store sales, prompting the need for closures to revitalize the brand’s performance. Location and Age of Restaurants: Many of the affected locations are older and poorly situated, with some operating for over 70 years. These factors contribute to their underperformance.
(Excerpt) Read more at citizenwatchreport.com ...
TOPICS: Business/Economy
KEYWORDS: dennys
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1 posted on 10/23/2024 10:39:25 AM PDT by davikkm
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