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Home/Banking News/This Famous Breakfast Restaurant Now Makes Another Closure
Market News Today - This Famous Breakfast Restaurant Now Makes Another Closure

This Famous Breakfast Restaurant Now Makes Another Closure

By Frank Nez
February 20, 2024
2

This famous breakfast restaurant now makes another closure only months after shuttering another location in the same state.

Denny’s confirmed on Monday that the famed diner-style chain closed its location in Chubbuck, Idaho, near the southeastern portion of the state, reports The-Sun.

A statement from Denny’s explained that the restaurant closed for good on Sunday, February 11, per East Idaho News.

It also noted that the decision was made by the owner of the area location — not by the company itself.

“Deciding to close a restaurant is never an easy decision, and that decision was made by the local owner,” Denny’s wrote.

“We’d like to thank our team members and local community for their love of the Denny’s brand.”

“We hope guests can visit nearby locations around Idaho,” the chain added.

Unfortunately, a potential nearby location won’t be in Idaho Falls, about 50 miles from Chubbuck.

It closed only four months prior in October.

Even so, there are two other possible locations for fans of Denny’s to get their fix, reports The-Sun.

The first is in Twin Falls, about one and a half hours southwest of Chubbuck.

Rexburg, an hour northeast of area residents, holds the second option.

Several customers criticized the closure, with some even blaming inflation.

“If inflation continues to rise many restaurants will close.

Consumers must pay for the inflation to keep stores open, because businesses are in business to make a profit, not to go bankrupt,” one person wrote in a comment on East Idaho News’ website.

“You know a place is bad when it is the cheapest sit-down restaurant in the city, and it still can’t bring in customers in an economy where people aren’t spending much,” another wrote.

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Also Read: Another Popular Restaurant Now Declares An Unexpected Bankruptcy

Other Economy News Today

Market News Today - This Famous Breakfast Restaurant Now Makes Another Closure.
Market News Today – This Famous Breakfast Restaurant Now Makes Another Closure.

This massive mall retailer is now closing in California as the former retail titan continues to shrink its footprint nationwide.

A JCPenny in Ukiah, California, located in the north of the state will lose one of its only department stores, reports The-Sun.

The North Orchard Ave location is listed as available for lease, according to The Ukiah Daily Journal.

JCPenney has closed dozens of locations since going bankrupt in 2020 and continues to shutter its remaining stores nationwide.

It has planned at least six shutdowns so far this year.

Customers learned about the latest JCPenny closure thanks to signs on the store windows.

“Store closing, this location only,” a sign pictured by the local paper showed.

The U.S. Sun confirmed the location will shut on Sunday, May 26.

The store will offer liquidation sales of up to 50% off in advance of the shutdown.

Closing down will leave Ukiah residents with few department store options. 

The only major department store remaining in the city is a nearby Kohl’s.

The next closest JCPenney is about an hour’s drive to the south, in Santa Rosa.

Without the Ukiah store, loyal Northern California shoppers are left with only a few remaining locations, reports The-Sun.

JCPenney recently announced several other closures.

In Waterford, Connecticut, the chain will shut down a store by May 25.

In Hermitage, Pennsylvania, near the Ohio border, another branch is set to close on May 5.

That’s the second blow for the area’s shoppers, as a nearby JCPenney in Youngstown, Ohio will close in March.

Two more locations, in New York and Indiana, are also set to shut.

It’s not all bad news for the chain, however.

A location is relocating in New Jersey, adding an “anchor” store to an area mall.

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Also Read: Another Mall Clothing Retailer Now At High Risk of Bankruptcy

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Market News Today - This Famous Breakfast Restaurant Now Makes Another Closure.
Market News Today – This Famous Breakfast Restaurant Now Makes Another Closure.

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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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2 Comments
  1. Frank Nez says:
    February 20, 2024 at 7:20 pm

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  2. Frank Nez says:
    February 20, 2024 at 7:20 pm

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