Fast food chain considers closing at least 70 locations amid financial struggles

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Fast food chain considers closing at least 70 locations amid financial struggles

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Red Robin has announced a shocking plan to shutter up to 70 locations across the country as it struggles to keep up with a tumultuous market. The wildly-popular fast food chain announced its intention to close low-performing stores as their leases expire in an attempt to revive its flailing operations. As financial results for fiscal 2024 'fell well below' the company's original expectations, Red Robin CEO G.J. Hart said the company has made 'substantial improvements to the guest experience' in an effort to drive traffic back to its stores.
Read More >> Full Article on Source: ViDi MAG
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