Posted 2/28/2024, 3:51:48 PM
Bloomin' Brands Closing Over 40 Underperforming Restaurants Across Outback Steakhouse, Bonefish Grill, Carrabba's, and Fleming's
- Parent company Bloomin' Brands closing 41 underperforming restaurant locations across portfolio brands including Outback Steakhouse, Bonefish Grill, Carrabba's, and Fleming's
- 33 locations already closed as of February 24; most closures impacting Outback Steakhouse
- Company not releasing list of specific restaurants being closed
- Closures result from review assessing factors like sales, traffic, investment required
- Despite closures, company remains confident and plans 40-45 new restaurant openings in 2024