Credit: Tom Sofield/LevittownNow.com
Bloomin’ Brands, the parent company of popular restaurant chains such as Outback Steakhouse, Bonefish Grill, Carrabba’s Italian Grill, and Fleming’s Prime Steakhouse and Wine Bar, has closed 41 restaurants.
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Despite the closures, a recent check on Monday revealed the Outback Steakhouse locations in Bensalem Township and Falls Township, the Bonefish Grill in Middletown Township, and Carrabba’s Italian Grill in Bensalem Township remained open. The Falls Township location opened in 2019.
Reports from CNN and local news outlets indicate that closures included Outback Steakhouse locations in Western Pennsylvania, Iowa, and all locations in Hawaii. Bonefish Grill has seen closures in New Jersey and Virginia, while Carrabba’s Italian Grill has closed at least three locations in New York.
Bloomin’ Brands attributed the closures in its earnings statement last week to a strategy of shutting down “predominantly older, underperforming restaurants.”
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The move comes amid a backdrop of slight drops in same-store sales for Outback Steakhouse, Bonefish Grill, and Fleming’s Prime Steakhouse and Wine Bar. In contrast, the company reported its Carrabba’s Italian Grill locations had increase of 2.6 percent in same-store sales.
Despite these closures, Bloomin’ Brands seems optimistic about the future.
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According to Nation’s Restaurant News, CEO David Deno outlined plans to open 40 to 45 new restaurants in 2024 and increase marketing expenditure.
Bloomin’ Brands owns and operates over 1,450 restaurants across 47 states, Guam, and 13 countries.
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