Skip to content
Join our newsletter for news & blogs on-the-go. Subscribe Here!
FrankNez - Retail News, Financial News, Economy News, Stock Market News, Business News About FrankNez FrankNez

Financial News & Journalism

FrankNez - Retail News, Financial News, Economy News, Stock Market News, Business News About FrankNez FrankNez

Financial News & Journalism

  • News
  • Economy
  • U.S. Banking
  • Stock Market
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
  • News
  • Economy
  • U.S. Banking
  • Stock Market
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
Close

Search

  • Facebook
  • X
  • LinkedIn
Subscribe
FrankNez - Retail News, Financial News, Economy News, Stock Market News, Business News About FrankNez FrankNez

Financial News & Journalism

FrankNez - Retail News, Financial News, Economy News, Stock Market News, Business News About FrankNez FrankNez

Financial News & Journalism

  • News
  • Economy
  • U.S. Banking
  • Stock Market
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
  • News
  • Economy
  • U.S. Banking
  • Stock Market
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
Close

Search

  • Facebook
  • X
  • LinkedIn
Subscribe
Fed Report: Auto Loan and Mortgage Delinquencies Soar Amongst Americans
Another Grocery Store Chain Now Joins Major Trader Joe’s Recall
Who Is the Most Richest Person in the World? Meet the Richest Man in the World in 2026
Massive Closures: BBQ Chain Now Closes All Locations
Gen Z And Millennials Are Now Choosing Stocks Over Houses
Wells Fargo Says It’s Closing Another Major Branch
Major US Bank Is Now Closing 18 Branches This Summer
A Massive Grocery Chain Is Now Closing Stores
Home/Banking News/A Massive Restaurant Now Makes An Unexpected Closure
Market News Today - A Massive Restaurant Now Makes An Unexpected Closure

A Massive Restaurant Now Makes An Unexpected Closure

By Frank Nez
March 5, 2024
2

A massive restaurant now makes an unexpected closure after the company’s CEO hinted of 41 shutters in the future.

Customers at Outback Steakhouse are devastated to find out their local restaurant is closing down, reports The-Sun.

The parent company, Bloomin’ Brands Inc, is in the process of closing a total of 41 locations nationwide.

Customers at the Outback in Kentwood, Michigan, have been disappointed to learn their local eatery has closed down for good.

A note on the door thanks customers “for the years of support.”

All Outback signs have already been torn off the restaurant, which is situated next to a Dave’s and Busters.

Many regulars are sad that they will now have to drive a lot further to order a Bloomin’ onion and other menu favorites.

‘Nooo!” wrote one on Facebook, adding: “That was my go-to location.”

One described it as “My favorite steakhouse.”

“That’s another Outback that’s closing. That’s horrible,” commented a third.

Outback is currently in the process of closing many locations across the country.

Aside from Outback, the parent company is closing restaurants including Carrabba’s Italian Grill, Fleming’s Prime Steakhouse, Bonefish Grill, and Aussie Grill.

Bloomin’ Brands CEO David Deno told investors last week that the company had decided to close its “predominantly older, underperforming restaurants.”

He said most of these locations were “older assets with leases from the 90s and early 2000s.”

In some states, the closures have left customers with zero Outback Steakhouses left.

In Hawaii, all three Outback restaurants shut down February 18.

A worker at the Waipio location told KHON2 that staff had been given just “two days” notice of the closure.

The same week, Outback closed down its final location in New Hampshire.

For more news and updates like this, opt-in for push notifications.

Also Read: Clothing Retailer Now Makes Painful Decision To Close All Stores

Other Economy News Today

Market News Today - A Massive Restaurant Now Makes An Unexpected Closure.
Market News Today – A Massive Restaurant Now Makes An Unexpected Closure.

A massive retailer has now closed a location after 16 years of business, triggering several more layoffs, sources report.

A Best Buy in Centennial, Colorado, closed its doors on March 2nd.

It had been a constant in the local area for more than a decade after opening in 2008, per The Denver Post.

Best Buy is the latest chain to leave the popular SouthGlenn shopping mall, reports The-Sun.

The shopping center was previously home to a Macy’s outlet and a Sears store as well.

However, the Best Buy’s Centennial location was not just the chain’s only outlet to close this past weekend.

At least two other Best Buy stores closed on March 2.

The closures come just months after chiefs revealed they expected to close between 15 and 20 outlets.

Best Buy’s Apple Valley, Minnesota, outlet also shut up shop for the final time on March 2.

At least 20 full-time staffers have been impacted by the closure of the store, located less than 20 miles from Minneapolis.

Chiefs revealed they were hoping to keep as many workers employed.

They said they would work with them to try and find a new role within the company.

“This was a part of our regular and ongoing review process of stores as leases come up for renewal,” a spokesperson told the Kansas City Star.

The decision to close the outlet has left fans mourning.

“Going to miss the geek squad,” one shopper lamented.

“Too many things leaving the Northland,” another said.

Like its Centennial location, the store had been open since 2008.

Best Buy chiefs have closed up to 100 stores over the past five years.

But bosses have converted some into discount outlets, reports The-Sun.

For more news and updates like this, opt-in for push notifications.

Also Read: This Massive Mall Retailer Is Now Closing In California

Market News Published Daily 📰

Market News Today - A Massive Restaurant Now Makes An Unexpected Closure.
Market News Today – A Massive Restaurant Now Makes An Unexpected Closure.

Don’t forget to opt-in for push notifications so you don’t miss a single article!

Also, thank you to all of our blog sponsors.

This year we’ve been able to increase push notifications slots making it more convenient than ever for new readers to receive their daily market news and updates.

Scroll below to view my stock purchases this month!

You can also follow me on X (Twitter), Instagram, Facebook, or LinkedIn for daily news and updates on your favorite stories.

More Market News 📰

Frank Nez’s Stock Portfolio

Wondering which stocks Frank Nez is holding? Which stocks is Frank Nez buying?

Frank Nez is now sharing his exclusive and personal stock portfolio with readers, only on the Patreon.

11/16/2023 – Today I invested $1,000 in two different stocks for a brand new stock dividend portfolio I am creating for 2024.

View Stock Portfolio

Recommended For You ✨

  • A Giant Company Now Announces Unexpected Layoffs in Virginia
  • Florida Now Has Massive Departures As Hundreds of Thousands Leave
  • California Now Has Massive Departures As Hundreds of Thousands Leave
  • The US Treasury Direct is Now Freezing Customer Accounts
  • A Massive US Bank is Now Closing Credit Cards
  • SNAP Benefits Will Now Increase For The Year 2024


Tags:

Business NewsFinance NewsInvesting NewsJPMorganMarket NewsStock Market News
Author

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 publication, dedicated to publishing content on money, investing, entrepreneurship, and retail investor news.

Follow Me
Other Articles
Market News Today - Massive Retailer Has Now Closed A Location After 16 Years
Previous

Massive Retailer Has Now Closed A Location After 16 Years

Market News Today - New and Unexpected Layoffs Are Now Filed in Ohio
Next

New and Unexpected Layoffs Are Now Filed in Ohio

2 Comments
  1. Frank Nez says:
    March 5, 2024 at 10:13 pm

    Leave your thoughts below.

    Log in to Reply
  2. Frank Nez says:
    March 5, 2024 at 10:12 pm

    For more news and updates like this, opt-in for push notifications.

    Log in to Reply

Leave a Reply Cancel reply

You must be logged in to post a comment.

NEW POSTS

  • Auto Loan and Mortgage Delinquencies Soar Amongst Americans
    Fed Report: Auto Loan and Mortgage Delinquencies Soar Amongst Americans
  • Trader Joe's Recall news and updates
    Another Grocery Store Chain Now Joins Major Trader Joe’s Recall
  • Who is the most richest person in the world
    Who Is the Most Richest Person in the World? Meet the Richest Man in the World in 2026
  • Bodean's BBQ Chain Now Closes All Locations
    Massive Closures: BBQ Chain Now Closes All Locations
  • Housing News - Gen Z And Millennials Are Now Choosing Stocks Over Houses
    Gen Z And Millennials Are Now Choosing Stocks Over Houses
Unlock your personal brand ebook

Trending Market News 📈

Market Manipulation News - Andrew Left

Famous Short Seller Said Market Manipulation Was Like “Taking Candy From a Baby”

Frank Nez
By Frank Nez
June 8, 2026
Vanguard and BlackRock Now Enter Lawsuit For Market Manipulation

Vanguard and BlackRock Now Enter Lawsuit For Market Manipulation

Frank Nez
By Frank Nez
August 5, 2025
Citadel Securities Is Now Warning The SEC About Using Blockchain

Citadel Securities Is Now Warning The SEC About Using Blockchain

Frank Nez
By Frank Nez
July 22, 2025
Cramer Now Speaks on AMC Amid Bullish Bet on IMAX

Cramer Now Speaks on AMC Amid Bullish IMAX Bet

Frank Nez
By Frank Nez
July 21, 2025
AMC Now Soars 11%, Is A Short Squeeze Imminent?

AMC Now Soars 11%, Is A Short Squeeze Imminent?

Frank Nez
By Frank Nez
July 11, 2025
Economists Now Say Prices Will Continue To Rise, "This Is Just The Beginning"

Economists Now Say Prices Will Continue To Rise, “This Is Just The Beginning”

Frank Nez
By Frank Nez
July 11, 2025
Hedge Funds Are Now Throwing Each Other Under The Bus

Hedge Funds Are Now Throwing Each Other Under The Bus

Frank Nez
By Frank Nez
July 8, 2025
News - GameStop Short Seller Now Looks To Sway Criminal Charges

GameStop Short Seller Now Looks To Sway Criminal Charges

Frank Nez
By Frank Nez
July 8, 2025
World’s Largest Pension Fund Now Loses $61bn As Dollar Falls

World’s Largest Pension Fund Now Loses $61bn As Dollar Falls

Financial Desk Team
By Financial Desk Team
July 6, 2025
News - S&P Report: The US Dollar Is Primed To Weaken Further

S&P Report: The US Dollar Is Primed To Weaken Further

Frank Nez
By Frank Nez
July 4, 2025

About

FrankNez is a leading journalism & independent media platform that thrives on community. Read the latest in U.S. Economy, Banking, Markets, and more.

Email: contact@franknezmedia.com

Contact: media@franknez.com

Recent Posts

  • Fed Report: Auto Loan and Mortgage Delinquencies Soar Amongst Americans
  • Another Grocery Store Chain Now Joins Major Trader Joe’s Recall
  • Who Is the Most Richest Person in the World? Meet the Richest Man in the World in 2026
  • Massive Closures: BBQ Chain Now Closes All Locations
  • Gen Z And Millennials Are Now Choosing Stocks Over Houses

Mentioned By

Yahoo Finance - FrankNez

Company

Privacy Policy

Editorial Policy

About FrankNez

Copyright 2026 — FrankNez. All rights reserved.