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Home/Banking News/An Unexpected Restaurant is Now Closing in New Jersey
Market News Today - An Unexpected Restaurant is Now Closing in New Jersey

An Unexpected Restaurant is Now Closing in New Jersey

By Frank Nez
May 25, 2024
2

An unexpected restaurant is now closing in New Jersey for good and customers are expressing their disappointment with the decision.

A Joe’s Crab Shack location is closing in New Jersey and some customers are raging over the restaurant that is about to take its place.

PJ Whelihan’s restaurant has announced that it’s finalizing its agreement to move into the space of Joe’s Crab Shack in Deptford, New Jersey after it closes.

Customers took to Facebook to express their disappointment with the new restaurant.

“Ugh, disappointing. PJ’s is terrible,” one person said.

“Maybe before they expand further they might consider updating their menu…. it’s very tired,” another person said.

“Another PJs?! They need to give us some of the Cherry Hill restaurants so we can have decent food and not outback, Texas Roadhouse and Olive Garden,” a third person commented.

“Tbh there food isn’t great anymore,” a fourth person added.

The store leadership announced that Joe’s Crab Shack was closing down last month.

It has been dealing with several closures around the northeast.

Chief Operating Officer Terry Turney revealed that the closure was a result of “natural lease expiration,” according to local e-news site 42Freeway.

“Joe’s Crab Shack located at 2000 Clements Bridge Road in Deptford, NJ will close its doors on May 26, 2024,” he said.

The nearest Joe’s Crab Shack location is in Baltimore, Maryland, according to the company’s website.

However, Joe’s Crab Shack is not the only store that’s closing its doors.

An Applebee’s restaurant in Hudson, New York shut down after 15 years in business, per the ABC affiliate WTEN.

The company released a statement saying they have appreciated their customers throughout the years.

“We hope to see you at our neighboring restaurants throughout the Albany and Hudson Valley markets,” a spokesperson from T.L. Cannon told The Daily Gazette last month.

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

Other Economy News Today

Market News Today - An Unexpected Restaurant is Now Closing in New Jersey.
Market News Today – An Unexpected Restaurant is Now Closing in New Jersey.

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 - An Unexpected Restaurant is Now Closing in New Jersey.
Market News Today – An Unexpected Restaurant is Now Closing in New Jersey.

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

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  1. Frank Nez says:
    May 25, 2024 at 5:44 pm

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  2. Frank Nez says:
    May 25, 2024 at 5:43 pm

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