{"id":15025,"date":"2025-02-16T14:00:38","date_gmt":"2025-02-16T14:00:38","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2025\/02\/16\/dennys-set-to-close-dozens-more-locations-this-year-though-some-openings-planned-too\/"},"modified":"2025-02-16T14:00:38","modified_gmt":"2025-02-16T14:00:38","slug":"dennys-set-to-close-dozens-more-locations-this-year-though-some-openings-planned-too","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2025\/02\/16\/dennys-set-to-close-dozens-more-locations-this-year-though-some-openings-planned-too\/","title":{"rendered":"Denny\u2019s set to close dozens more locations this year, though some openings planned too"},"content":{"rendered":"<p class=\"body-graf\">Breakfast specialists Denny\u2019s will accelerate planned store closures   in 2025 amid continued consumer shifts toward preferences for fast-food and take-out options. <\/p>\n<p class=\"body-graf\">On an earnings call Wednesday, CFO Robert Verostek said the closures would incorporate a mix of poorly performing restaurants and ones with expiring leases. <\/p>\n<div><\/div>\n<p class=\"body-graf\">According to industry publication Restaurant Dive, the new closures represent about 30 more from a previously planned shuttering of 150 locations. <\/p>\n<p class=\"body-graf\">Denny\u2019s remains publicly traded; today, its shares are worth less than $5, compared to the most recent high of about $24 seen in 2019. <\/p>\n<p class=\"body-graf\">The brand ended last year with 1,334 U.S. stores, with most located in Arizona, California, Florida and Texas.<\/p>\n<p class=\"body-graf\">An investor presentation by Denny\u2019s in October showed \u2018family dining\u2019 options like Denny\u2019s were losing more foot traffic than any other dining-out category. <\/p>\n<p class=\"body-graf\">Other brand-names in the family-dining group seeing declining fortunes include Applebee\u2019s, Hooter\u2019s, Outback Steakhouse and TGI Friday\u2019s. Some notable exceptions include Chili\u2019s and Texas Roadhouse, which analysts say have benefited from improved value perception and investments in customer service.   <\/p>\n<p class=\"endmark body-graf\">And even as it accelerates closures, Denny\u2019s is still planning openings, with at least 14 slated for this year; as well as some location refurbishments.<\/p>\n<\/p>\n<div>This post appeared first on NBC NEWS<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Breakfast specialists Denny\u2019s will accelerate planned store closures in 2025 amid continued consumer shifts toward preferences for fast-food and take-out options. On an earnings call Wednesday, CFO Robert Verostek said the closures would incorporate a mix of poorly performing restaurants and ones with expiring leases. According to industry publication Restaurant Dive, the new closures represent [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":15026,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-15025","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/15025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=15025"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/15025\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/15026"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=15025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=15025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=15025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}