Bloomin' Brands Announces Closure of 41 Underperforming Restaurants
The decision affects Outback Steakhouse, Carrabba's Italian Grill, and other brands, with plans to open new locations despite closures.
- Bloomin' Brands, the parent company of Outback Steakhouse and other restaurant chains, has closed 41 'underperforming' locations across the United States.
- The closures were attributed to a variety of factors, including declining sales, reduced customer traffic, and the high cost of updating older locations.
- Despite the closures, Bloomin' Brands plans to open up to 45 new restaurants in 2024, reflecting confidence in its portfolio.
- The company has not released a list of closed restaurants, but local reports indicate closures in multiple states, including every Outback location in Hawaii.
- Outback Steakhouse is also rolling out a redesigned restaurant layout, aiming to enhance the dining experience and optimize delivery and take-away services.