Denny'S Closing Locations 2024. Fifty lower performing restaurants will close by the end of 2024, while the other 100 will shut down next year, company executives announced in an earnings call tuesday. So far in 2024, closures have been announced for nearly 100 red lobster restaurants, several pizza huts in the midwest, 1,200 walgreens and 300 cvs pharmacy locations around the country.
Denny’s expects to achieve 30 to 40 consolidated restaurant openings during the full 2024 fiscal year, including 12 to 16 new locations for keke’s breakfast cafe—another chain in its portfolio. Denny’s plans to close 150 of its restaurant locations as the company aims to strengthen its cash flow.