Tag

Restaurant Closures

All articles tagged with #restaurant closures

business15 days ago

Restaurant Chains Shut Down Locations in 2025

In 2025, numerous restaurant chains including Starbucks, Wendy's, Denny's, Jack in the Box, Bahama Breeze, Hardee's, Papa John's, Noodles & Co., and Outback Steakhouse announced closures of hundreds of locations due to industry-wide sales declines, changing consumer habits, and strategic restructuring efforts, with some chains filing for bankruptcy or exploring sale options.

business23 days ago

Chic-fil-A Rival Closes Over 800 Locations

Arthur Treacher's Fish & Chips, once a popular British-style fast-food chain, has dwindled from over 800 locations in the 1970s to just three today, due to rising costs, changing consumer tastes, and strategic missteps like replacing cod with pollock. The seafood segment overall has seen a decline, with Red Lobster filing for bankruptcy and industry sales decreasing. Nathan's Famous now owns the brand and is attempting a revival through ghost kitchens.

business26 days ago

D.C. Sees Record Restaurant Closures in 2023

Nearly 100 D.C. restaurants and bars are expected to close in 2025, marking a third consecutive year of increased closures, especially among mid-priced establishments due to rising costs, labor issues, and economic pressures from federal and local factors, with some openings and transformations occurring amidst a challenging industry landscape.