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News Flash
Stop & Shop Store Closures
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Home/Banking News/A Beloved Restaurant Now Makes A Surprising Closure in Ohio
Market News Today - A Beloved Restaurant Now Makes A Surprising Closure in Ohio

A Beloved Restaurant Now Makes A Surprising Closure in Ohio

By Frank Nez
July 3, 2024
2

A beloved restaurant now makes a surprising closure in Ohio after fans discovered a note taped to the front door of the business.

Customers were surprised to learn that Roosters in Springfield, Ohio – about 188 miles south of Cleveland – had shuttered its doors for the last time.

A note was taped to the door informing patrons that the restaurant had been removed from the Roosters website.

“It is with a heavy heart that we announce the closure of this Roosters Springfield location,” read a statement from franchisee We Be Wings LLC.

“We want to express our gratitude to the community for their continued support and patronage.”

The restaurant had been in business for more than a decade after purchasing the former Friday’s location for $1.1 million in 2012.

Workers were also shocked to learn of the closure as many heard the news from the note posted on the doors, per The US Sun.

However, Roosters management said it promises to work with employees from the Springfield restaurant and relocate them somewhere else.

Roosters, which has a total of 43 locations in the US at the time of writing, is known for American-style comfort food.

The restaurant serves traditional wings – both boneless and bone-in.

The first Roosters location opened in 1988 in Dayton and was owned by Bob and Corinne Frick.

In 1991, restauranteur Dan Ponton expanded the Roosters brand.

News of the closure had many customers scrambling over the loss of their beloved restaurant.

“Nooooo! The buffalo chicken pizza was my favorite!” wrote one person.

“What a sad day! Roosters in Springfield was our go-to spot for wings and mozzarella sticks,” wrote another person.

“So many good memories there. I can still taste the wings. You’ll be missed!”

A third person wrote: “Crazy at this rate, we aren’t going to have any restaurants in Springfield.”

The Roosters closure comes months after another popular restaurant, O’Charley’s, closed its location on Bechtle Avenue for good.

“Like many brands in the casual dining space, we have faced unprecedented disruptions to our business over the last few years,” said O’Charley’s CEO W. Craig Barber in a statement, per the Springfield News-Sun.

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Also Read: An Unexpected Retailer Is Now Closing All Stores in Illinois

Other Economy News Today

Market News Today - A Beloved Restaurant Now Makes A Surprising Closure in Ohio.
Market News Today – A Beloved Restaurant Now Makes A Surprising Closure in Ohio.

An unexpected restaurant now abruptly closes 7 locations in one state after revealing plans to shutter a total of 36.

TGI Fridays is closing a total of seven restaurants in one state as part of the company’s ongoing growth strategy.

This comes after the chain abruptly closed 36 locations across 12 states in at the beginning of the year, per The-Sun.

The restaurant chain will pull the plug on seven locations across the state of New Jersey in the coming weeks.

Today, Fridays will welcome in famished diners at its location in Brick for the final time.

“As we continue along our path of transformation to revitalize the Fridays brand and implement a long-term growth strategy, we see a bright future for TGI Fridays,” said Weldon Spangler, CEO of TGI Fridays earlier this week.

“We are at the helm of a pivotal moment that will allow us to explore boundless advancement, expansion, and innovation to keep delivering ‘That Fridays Feeling’ that our fans know and love.”

Before the closures, TGI Fridays had about 270 US locations, according to the company’s website.

“As part of the store closures, TGI Fridays is offering more than 1,000 transfer opportunities, which represents over 80% of total impacted employees,” the company previously said in a statement.

“Our top priority has always been delivering a superior experience for each and every TGI Fridays guest, and we’ve identified opportunities to optimize and streamline our operations to ensure we are best positioned to meet – and exceed – on that brand promise,” said Ray Risley, US president and chief operating officer, in the release.

Eight other locations were sold to former CEO Ray Blanchette, a longtime stakeholder who will acquire the previously corporate-owned restaurants.

The sale comes as major changes have been made to the brand’s leadership, including the news of Weldon Spangler being made CEO.

“As we continue along our path of transformation to revitalize the Fridays brand and implement a long-term growth strategy, we see a bright future for TGI Fridays,” said Spangler in a statement.

Also Read: Retirees Will Now Receive More Money For Social Security

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Market News Today - A Beloved Restaurant Now Makes A Surprising Closure in Ohio.
Market News Today – A Beloved Restaurant Now Makes A Surprising Closure in Ohio.

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Frank Nez

Frank Nez is an American entrepreneur, journalist, writer, and investor. Frank's work has been cited by SEC and Congressional reports. Franknez.com is a personal finance and market news blog, dedicated to publishing content on money, investing, entrepreneurship, and retail investor news.

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2 Comments
  1. Frank Nez says:
    July 3, 2024 at 7:21 pm

    Leave your thoughts below.

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  2. Frank Nez says:
    July 3, 2024 at 7:21 pm

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