A Massive Restaurant Chain Now Suddenly Closes 44 Locations

A massive restaurant chain now suddenly closes 44 locations with the company stating they did everything they could.

Workers at a Hooters revealed that the store where they worked was abruptly closed.

The restaurant chain is the most recent of several brands to shutter stores with little to no notice.

Hooters employees at the Macon, Georgia store revealed that they were informed of the closure from an internal memo.

“Like many restaurants under pressure from current market conditions, Hooters has made the difficult decision to close a select number of underperforming stores,” read the letter, obtained by CBS affiliate WMAZ.

“We deeply regret that we were not able to give you notice.”

According to the outlet, the letter was dated Sunday which turned out to be the store’s last official day of operation.

“Please trust that we did everything we could to avoid closing this location and the decision was not made lightly,” the letter read.

“We appreciate your hard work and dedication and support of the Hooters brand.”

The store — located 84 miles from Atlanta — was one of 44 Hooters that were listed on the brand’s site as no longer functioning.

According to the letter, former employees are invited to apply for positions at other Hooters locations and would retain seniority, pay and benefits should they be hired within 30 days.

The brand issued a statement saying the closings were due to “pressure from current market conditions.”

“Ensuring the well-being of our staff is our priority in these rare instances,” Hooters said in a statement Monday per USA Today.

“This brand of 41 years remains highly resilient and relevant.

We look forward to continuing to serve our guests at home, on the go and at our restaurants here in the U.S. and around the globe.”

This is not the first time a chain has laid off several employees with barely any notice.

Red Lobster had shuttered 93 stores after giving its employees little to no time to prepare for the closing.

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

Other Economy News Today

Market News Today - A Massive Restaurant Chain Now Suddenly Closes 44 Locations.
Market News Today – A Massive Restaurant Chain Now Suddenly Closes 44 Locations.

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 Massive Restaurant Chain Now Suddenly Closes 44 Locations.
Market News Today – A Massive Restaurant Chain Now Suddenly Closes 44 Locations.

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