#29: Denny’s
How Many Stores Closing: ~70–90
Current Value of the Business: ~$320 million*
Denny’s has announced plans to close between 70 and 90 underperforming restaurants as part of a broader effort to improve profitability across its system. The closures are expected to take place gradually as leases expire, rather than through a single large-scale shutdown.

Company leadership has said many of the affected locations were operating with thin margins due to rising labor, food, and occupancy costs. Denny’s is focusing on refranchising, menu innovation, and late-night dining strengths while maintaining a leaner, more efficient restaurant footprint.
