Restaurant Chains Closing In 2025. Denny’s will close up to 150 restaurants by 2025 as part of a strategic plan to strengthen its overall system, the company reviewed during its investor day on tuesday. Chains that were once giants of the industry, like applebee's and white castle, are facing harder times than they've ever seen, with legal challenges hampering the growth.
Value was another major factor for restaurant chains this year, as countless fast food and casual dining brands introduced new value meals and promotions in pursuit of. As major restaurant chain red lobster files for bankruptcy protection after abruptly shuttering 99 sites, the household name is not the only food or retail icon forced to announce closures this.