#restaurant-closures

#restaurant-closures

ARC Burger filed for Chapter 7 liquidation after closing all 77 Hardee's locations permanently in December, with liabilities estimated between $10 million and $50 million.

The company says the move comes down to its lease ending and will take effect later this season, according to BK Reader. In a statement shared with the outlet, CEO Mike Nugent thanked both customers and employees, saying, 'It has been an absolute honor to be welcomed into the Brooklyn community for 15 years,' while confirming that the Gowanus run is nearly over.

The Times Square branch, at 7 Times Square, closed in early March after opening in 2023, according to Crain's New York Business. Delivery and reservation platforms now mark the Times Square location as permanently closed.

We've loved being part of these communities and just wanted to say a huge thank you to everyone who's walked through these doors. It's been a privilege to serve you.

"We were able to make friends and memories that we couldn't even imagine when we first immigrated here," the owners Ikuko Miura and Paul wrote on a notice on the door.

According to a new court filing from a major franchisee, three additional Popeyes restaurants have permanently shut their doors, bringing the total number of store closures associated with the franchisee's ongoing bankruptcy proceedings to at least 20. The franchisee, Sailormen Inc. of Miami, Florida, sought Chapter 11 protection earlier this year, citing diminished foot traffic and high inflation.

Papa Johns' chief financial officer and president of North America Ravi Thanawal said the company plans to shutter a total of 300 underperforming restaurants in North America "that are not meeting brand expectations or lack a clear path to sustainable financial improvement, as well as locations where we can effectively transfer sales to a nearby restaurant."

Wendy's US operations are melting like one of the chain's trademark Frosties on a hot summer day. The burger giant said Friday it plans to close as many as 350 US locations amid declining sales and profitability. Full-year, system-wide US sales fell 5.2% in 2025, with same-restaurant sales down 5.6% year over year. "We're executing Project Fresh with urgency to strengthen our foundation and position Wendy's for long-term success," interim CEO Ken Cook said in a statement, referring to the company's turnaround plan.

A host of one star restaurants have also closed since the last awards, including the two-Michelin-starred in South Ken. The one star La Dame de Pic at Four Seasons Hotel London at Tower Bridge and the two-Michelin-starred Lyle's in Shoreditch, Dosa at the Mandarin Oriental Mayfair (which was open less than a year), and The Five Fields in Chelsea have also shut down, with Club Gascon in Smithfield set to stop operating next month .

BOROUGHWIDE - RESTAURANT CLOSURES mounted across Brooklyn in January as longtime neighborhood fixtures and newer concepts shut their doors, according to Brooklyn Bridge Parents . Closings include Seamore's in DUMBO; Gus in Carroll Gardens; Moo Burger in Clinton Hill; Alchemy in Boerum Hill, with the space set to become Drums & Flats this spring; No Filter Coffee, Gino's Pizza and Flatiron Steakhouse in Park Slope;

John Vincent said the upcoming rises in business rates along with overall cost increases means the High Street is no longer as profitable. Leon has been losing 10m a year. Vincent, an original co-founder of the chain, bought the company back from Asda last year. But last month the firm appointed administrators and announced a major restructuring of its 71 restaurants, which employ 1,000 people.

Things have been beyond hard the last couple years, and I found a buyer for this place and I am selling off the lease and the contents of this amazing shell of a space for practically pennies. Lesson learned. I am extremely proud of occupying this space for the last twelve years and serving the Laurel District and surrounding neighborhoods. It's emotional to say the least.