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Denny's

Business
Denny's To Close 150 Restaurants Denny's To Close 150 Restaurants
Denny's To Close 150 Restaurants Restaurant chain Denny's plans to shut down as many as 150 of its locations. The company said half of the underperforming outlets will close by the end of the calendar year and the others will go out of business in 2025. Specific restaurants slated for closure have not yet been announced. In announcing the move, Denny's said customers have been ordering from restaurants less often. In addition to the closures, Denny’s will trim the number of items on its menu from 97 to 46 and no longer require outlets to be open 24/7, according to a CNN report. Founded in 1954 in California as Dann…

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by Joe Lombardi
Business
Chuck E. Cheese Considering Bankruptcy, May Shutter, Reports Say Chuck E. Cheese Considering Bankruptcy, May Shutter, Reports Say
Chuck E. Cheese Considering Bankruptcy, May Shutter, Reports Say The future of Chuck E. Cheese is up in the air after its parent organization acquired nearly $1 billion in debt due to the COVID-10 pandemic, reports say. The children’s food and entertainment center chain’s owner, CEC Entertainment, is asking lenders for a loan of $200 million to stay in business, People.com reports. Bonuses were offered to the chain’s top executives Friday, June 5 in an effort to retain the employees amid temporary closures, the report said. The chain, which is based in Texas, opened in 1977 and as the pandemic struck had to shut down operations at each of its 610 locati…

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by Valerie Musson