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Red Robin considering closing around 70 underperforming locations to repay debt, CEO says
Red Robin announced that it is considering closing around 70 underperforming locations as the gourmet burger chain attempts to repay debt. The chain's total revenues for 2024 are $1.25 billion, a ...
Red Robin, which has more than 50 restaurants in California, announced that it is considering closing around 70 underperforming locations as the gourmet burger chain attempts to repay debt. The ...
While everybody needs to eat, rising dining costs have American families cutting restaurants from their spending, and many look for ways to stretch their restaurant budget on the occasions they do ...
The company said in its February earnings release that it was “evaluating alternatives for approximately 70 underperforming restaurant locations, including closure upon expiration of the current lease ...
Red Robin is considering the closure of 70 locations over the next five years, according to the company. The restaurant chain closed one location in the fourth quarter of fiscal 2024, and recorded a ...
(Gray News) – Red Robin could be closing roughly 70 locations nationwide as it battles financial losses. According to a press release, Red Robin reported a $77.5 million net loss in 2024, a sharp ...
Red Robin is the latest in a growing number of fast-food eateries planning to shutter underperforming locations following a spate of financial difficulties. The chain on Wednesday announced it is ...
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