O’Charley’s shutters 8 restaurants in one day
O’Charley’s has closed at least 20 restaurants since 2016 with the latest eight closing over the weekend, the Nashville, Tenn.-based casual-dining chain confirmed Monday.
Among the eight restaurants closed were units in Indianapolis and Tucker, Ga., near Atlanta, according to local media reports.
According to Nation’s Restaurant News’ Top 200 census, the chain had previously closed 12 restaurants between 2016 and 2018. A company spokesperson on Monday confirmed the most eight weekend closures but did not provide a reason for shuttering the locations.
These were not the first closures for the chain in 2019. According to the Orlando Sentinel, the brand closed a central Florida location in mid-April.
“The restaurant came to Orlando in 2005 and at the time there were plans to open as many as 100 O’Charley’s in Florida,” the article said.
O’Charley’s is owned by Nashville-based American Blue Ribbon Holdings LLC, an affiliate of Cannae Holdings Inc. American Blue Ribbon also owns the Ninety Nine Restaurant and Pub, Village Inn and Bakers Square brands.
O’Charley’s reported systemwide sales of $469.2 million in fiscal 2018, down from $498.1 million in the prior year, according to NRN’s Top 200 census. In 2018, the brand had 201 units, down from 213 in 2016.
Article Written by Nancy Luna of Nation's Restaurant News https://www.nrn.com/casual-dining/o-charley-s-shutters-8-restaurants-one-day
Photo Courtesy of Nation's Restaurant News