October 24th 2024.
It has been announced that Denny's, the beloved American diner chain, will be closing 150 of its restaurants across the country. This decision comes as a result of 10% of their locations being deemed as 'underperforming'. During an earnings call on Tuesday, it was revealed that 50 locations will be shutting down by the end of this year, with an additional 100 to follow in 2025. This will leave a total of 1,375 Denny's restaurants still in operation.
Executive Vice President and Chief Global Development Officer, Steve Dunn, explained that the closures are necessary as these particular restaurants were not meeting the company's expectations. They were simply not generating enough profit to sustain their business. On top of that, some of these locations were also in need of renovations which would be too costly to undertake. As such, it was decided that it would be best to close them down.
Unfortunately, the list of closing locations and the states they are located in have not yet been disclosed. However, it has been clarified that these closures are solely based on the performance of the restaurants and not on their geographical location. So, it is possible that some of your favorite Denny's may be among those that will be shutting down.
The news of these closures may come as a shock to many loyal customers of Denny's. However, the company assures that this decision was made in the best interest of their overall business. They remain committed to providing delicious, affordable meals and exceptional service at their remaining locations. So, while we may have to say goodbye to some Denny's restaurants, we can look forward to continuing to enjoy their famous Grand Slam breakfast and other menu favorites at the remaining 1,375 locations.
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