Companies Closing Locations Through 2026

Red Robin Gourmet Burgers has disclosed plans to evaluate the closure of up to 70 underperforming restaurants nationwide as part of a multi-year turnaround effort. The figure comes from company statements indicating that certain locations are no longer meeting financial performance expectations amid rising labor and food costs.

The closures are expected to occur gradually as leases expire rather than all at once. Red Robin leadership has said the strategy is focused on stabilizing the business, improving margins, and concentrating resources on higher-performing restaurants while navigating ongoing challenges in casual dining.