Denny's is closing 150 locations in the latest sign of the squeeze on family dining

Tribal Outkast

Veteran
Joined
Nov 22, 2016
Messages
31,437
Reputation
3,901
Daps
95,628
Denny’s is run down and the food ain’t all that. These localized joints like sunrise breakfast are getting them tf out of here because they’re cheaper and the food taste better
 

OperationNumbNutts

Superstar
Joined
Mar 11, 2022
Messages
6,582
Reputation
689
Daps
18,878
don't think it's just inflation...I think that going to these places are not seen as cool/nice by younger heads now. If it's not a more upscale place you can brag about on social media, it's heavily looked down upon. Even by broke mufukkaz.
Eeeehhhhhhhhh............I see your point but don't know. :patrice:People still hit up Denny's after hours. I think the number of options hurt them.
 

Rusty$hackleford

All Star
Supporter
Joined
Nov 19, 2016
Messages
4,487
Reputation
2,160
Daps
11,975
Reppin
PHX
Legendary after the club spot. Cali tradition :wow:
AZ too, one right off mill across from ASU stayed popping after hours
Lol yall stay blaming social media. Their problem ain’t “young people” or social media and not being upscale enough. Because if that were really the case, why tf is Waffle House booming despite it being considered cheap, low class and ghetto.

The problem with Denny’s is that some of their locations are TRASH. How are people supposed to have a fine dining experience sitting on the edge of a busy ass interstate? In some bumblefukk ass cac area? They either gon fly right by that shyt or have a hard time actually getting into that mf. Why drive a quarter mile just to bust a U turn when I got a WH or a Chick fil A over here to my right? Lol. A lot of the diner restaurants down here in the South are relics from a time when interstates and highways weren’t a thing. When family road trips were a staple of American culture and you stop by good ol Denny’s or whoever for a meal on the side of the road.

I found a pic of a Dennys I ate at not too far from me that they JUST closed. Look lol

IMG-4651.jpg




How tf is anybody suppose to know that shyt is there :mjlol: this nikka had to get OUT his car on the fukking interstate just to see that bih. I’m crying lmao
Sounds like they heard you loud and clear breh

Denny’s says it expects to close 150 locations by the end of 2025​

Image

FILE - A Denny’s restaurant is shown Sept. 14, 2017, in Cranberry, Pa.(AP Photo/Keith Srakocic, File)
BY DEE-ANN DURBIN

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, the company said during a meeting with investors Tuesday. The locations weren’t revealed, but the restaurants represent around 10% of Denny’s total.

Stephen Dunn, Denny’s executive vice president and chief global development officer, said in some cases, the restaurants are no longer in good locations.

“Some of these restaurants can be very old,” Dunn said during the investor meeting. “You think of a 70-year-old plus brand. We have a lot of restaurants that have been out there for a very long time.”


Others saw traffic shifts during the pandemic that have yet to reverse, he said.

On Tuesday, Denny’s reported its fifth straight quarter of year-over-year declines in same-store sales, which are sales at locations open at least a year.

Restaurant inflation is outpacing grocery price inflation, which makes it harder for some customers to justify eating out, Denny’s said. And when they do eat out, they often head to fast-casual brands like Chipotle or fast-food chains. Denny’s said family dining — the category in which it competes — has lost the most customer traffic since 2020.


Still, Denny’s said it has bright spots, including a value menu that lifted sales in its most recent quarter and growing sales of its delivery-only brands like Banda Burrito.

Shares in Denny’s Corp., which is based in Spartanburg, South Carolina, tumbled almost 18% on Tuesday



 

Roger king

Superstar
Joined
May 24, 2022
Messages
7,747
Reputation
-1,519
Daps
29,531
This is called the free market and business and competition, when you limit your clientele to certain demographics alienating others and cant be competitive you fail as a business.
 
Top