Denny’s says it’s closing 150 of its lowest-performing restaurants in an effort to turn around the brand’s flagging sales. About half of the closures will happen this year and the rest in 2025.
If you looked up in the sky around Exit 82 on !-20 Thursday, (you're welcome, distracted Conyers motorists!) — that drone show was courtesy of Georgia superstar Usher, owner of the state's first Dave's Hot Chicken franchise. “Once I tried Dave’s Hot Chicken and spoke with the founders of the brand, I knew I wanted to be involved with the company," the entertainer explained in a press release. "I'm excited to open Atlanta’s first Dave’s Hot Chicken and look forward to everyone from my hometown trying it."
The company is offering over 1,000 transfer opportunities for 80% of the impacted employees, it said. It additionally sold eight locations across the Northeast to its former CEO.
Private equity firm Roark specializes in franchised businesses and backs two holding companies that own multiple restaurant chains that include Arby's, Jimmy John's and Cinnabon.