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Read on for the scoop on 12 restaurant chains that have already closed (or announced plans to close) locations in 2024.
Hooters has reportedly shut down dozens of locations in places like Texas, Kentucky and Florida, citing concerns the stores were underperforming.
Several restaurants have been filing for Chapter 11 bankruptcy or closing stores in 2024, including Red Lobster, Hooters, Tijuana Flats and Alamo Drafthouse to name a few.
Going into 2024, Rite Aid announced that it would close an additional 77 locations. [224] 53 more stores were added to the closing list in April 2024. [225] Rockport filed for bankruptcy in May 2018.
Across the United States, a large number of local stores and store chains that started between the 1920s and 1950s have become defunct since the late 1960s, when many chains were either consolidated or liquidated. Some may have been lost due to mergers, while others were affected by a phenomenon of large store closings in the 2010s known as the retail apocalypse .
Hooters said Monday that it's closing "a select" number of underperforming restaurants, the latest casual dining chain to announce shutdowns amid broader industry woes.
Express, Inc. [5] is an American fashion retailer whose portfolio includes Express, Bonobos and UpWest. The Company operates an omnichannel platform as well as physical and online stores. The company consists of the brands Express, Bonobos, and UpWest, and is traded on the OTC Pink under the symbol EXPR.
Hooters abruptly closes dozens of "underperforming" restaurants across 14 states, with 16 closing in Texas alone. See the full list of store closures.