Italian Restaurant with 200 Locations Now Makes An Unexpected Closure

An Italian restaurant with 200 locations now makes an unexpected closure leaving customers with only a note of the permanent shutter.

Diners in Elkhart, approximately 140 miles north of Indianapolis, were taken aback when the local Fazoli’s restaurant suddenly closed its doors recently, as reported by WSBT.

Located on North Nappanee Street, the restaurant’s closure was marked by the removal of signs and a notice on the doors indicating permanent closure.

Diners were advised to visit the Mishawaka location, just around 10 miles away from Elkhart, for their Fazoli’s fix.

Fazoli’s, known for its Italian-American fast-casual dining experience, had been a popular choice for locals seeking quick and affordable pasta dishes.

Specific reasons for the closure were not detailed in the initial announcement.

Fazoli’s holds a storied history within the American restaurant landscape.

Established in 1988, the chain quickly became synonymous with fast casual dining featuring Italian-American cuisine.

With headquarters in Lexington, Kentucky, Fazoli’s has grown to become a prominent fixture in the industry, currently boasting 211 locations across the US as of September 2023.

Fazoli’s was conceived as a casual dining concept offering affordable Italian-American meals.

Founded by Kunihide Toyoda, the first restaurants emerged in the Lexington area, eventually expanding to include five initial locations, per Fast Food Menu Prices.

The chain’s early success prompted its acquisition by Duskin Co. Ltd., leading to the formation of Seed Restaurant Group, which assumed ownership and propelled further growth.

During the mid-1990s, Fazoli’s experienced exponential expansion, rapidly increasing its presence across Kentucky, Indiana, and Florida.

By 1992, the chain had already grown to 35 restaurants, a number that nearly doubled by the following year.

In November 2021, Fazoli’s entered a new chapter with its acquisition by FAT Brands Inc. for $130 million, according to Lane Report.

This acquisition marked a strategic move to strengthen the brand’s position and expand its footprint across the nation.

As of recent updates, Doug Bostick has assumed the role of President, bringing a wealth of experience in operations and franchise development to drive Fazoli’s forward, Fast Casual reported.

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

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

Other Economy News Today

Market News Today - Italian Restaurant with 200 Locations Now Makes An Unexpected Closure.
Market News Today – Italian Restaurant with 200 Locations Now Makes An Unexpected Closure.

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

Market News Published Daily 📰

Market News Today - Italian Restaurant with 200 Locations Now Makes An Unexpected Closure.
Market News Today – Italian Restaurant with 200 Locations 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.

Our readers can now donate $3 per month to support independent journalism.

For daily news and updates on your favorite stories, opt-in for push notifications.

Follow Frank Nez on X (Twitter)Instagram, or Facebook.


Support Independent Journalism ✍🏻

Support independent journalism for just $3 per month!

Your contributions help power Franknez.com as the cost of widgets and online tools continue to rise.

Thank you for your support!



2 Comments

  1. Frank Nez

    Leave your thoughts below.

  2. Frank Nez

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

Leave a Reply

Your email address will not be published. Required fields are marked *

© 2024 Franknez.com

Theme by Anders NorenUp ↑