The American casual diner chain Denny’s is shuttering 150 restaurants across the US as one-tenth of its locations are ‘underperforming’.
Denny’s will close 50 locations by the end of this year, and the other 100 in 2025, the company announced in an earnings call on Tuesday.
The closures will amount to one-tenth of its restaurants across the country and will leave 1,375 operating.
Those that are closing were ‘underperforming restaurants’, said Steve Dunn, Denny’s executive vice president and chief global development officer.
Besides not turning in a profit, some of the targeted locations are too old to be renovated, he said.
The chain did not immediately disclose a list of closing locations, or which states they are located in.
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