In February, Wendy's said it intended to close roughly 5% to 6% of its US footprint — about 298 to 358 restaurants — in the first half of the year as it grappled with sliding sales and profits.

At the time, then-Interim CEO Ken Cook said the brand's focus was "to strengthen our foundation and position Wendy's for long-term success."

The Associated Press reported that Wendy's shuttered 28 restaurants in the fourth quarter of 2025, leaving it with 5,969 locations across the US at the end of the year.

Company data shows systemwide US sales dropped 5.2% in 2025, while same-store sales declined 5.6% compared with the previous year.

In May, Wendy's announced that global systemwide sales totaled $3.2 billion in Q1, down 5.5% from the same period the previous year. In a statement at the time, Cook remained optimistic, citing Q1 improvements such as upgrading its hamburgers, launching new chicken sandwiches, and a "focus on operational excellence."

"While our first quarter results reflect a business in the early stages of a turnaround, we are making progress to improve our US business and are confident in the direction we are heading," he said.

Pizza Hut, founded in 1958 by brothers Dan and Frank Carney in Wichita, Kansas, and best-known for its pan pizza, has more than 6,000 locations in the US.

In a February earnings call, its parent company, Yum! Brands, said Pizza Hut intended to shutter 250 US locations by July 1. The closures would impact "underperforming" locations, Yum! Brands said.

In April, Fortune reported it had identified around 50 locations that had closed, with most affected restaurants in California, Pennsylvania, and Ohio.

Yum! Brands said late last year that it was exploring a potential sale of the chain, after reporting a 1% decline in same-store sales during the third quarter, the eighth consecutive quarterly drop. Citing a source, Reuters reported in May that Yum! was in talks with LongRange Capital, a private-equity firm, about a potential sale.

"The Pizza Hut team has been working hard to address business and category challenges," Chris Turner, chief executive of Yum! Brands, said in November. "However, Pizza Hut's performance indicates the need to take additional action to help the brand realize its full value, which may be better executed outside Yum! Brands."

The chain has faced tough competition from other chains, especially with the rise of value meals. Internationally, it is faring better, with same-store sales increasing by 1% last year.

Jack in the Box — the fast-food chain that's been flipping burgers since 1951 — has built a following at its more than 2,100 locations with a menu that includes curly fries, tacos, chicken sandwiches, and milkshakes. But even this drive-thru staple has hit some bumps in the road.

In 2025, the company rolled out its "Jack on Track" turnaround plan to boost performance and strengthen its finances. Part of this was selling off Del Taco for $119 million, which was completed in December.

By the end of June, the brand expects 50 to 100 closures and around 20 openings, QSR Magazine reported in February.

Same-store sales across its restaurants dropped 6.7% in Q1 year over year, the company reported, according to QSR Magazine. Its fiscal second-quarter sales "did not meet expectations," Interim CEO Mark King said in May, with same-store sales falling 3.8% year over year and revenue declining 4.3% to $254.3 million.

But, King said, sales trends had improved entering the third quarter and that the company was committed to its turnaround plan.

"Jack in the Box is an iconic brand, and I'm eager to dive in with our passionate team and franchisees to further improve operating results. After being on the Board and now as interim CEO, my excitement for the potential of this brand has only grown," he said.

The brand's goal this year is to focus on innovation, customer service, cosmetic updates, and fewer, stronger limited-time offers, QSR reported.

Papa John's announced in a February earnings call that it plans to close about 200 North America restaurants in 2026 as part of a broader effort to shut down 300 underperforming locations by the end of 2027.

The closures will primarily affect franchise-owned stores that are more than 10 years old and do not indicate long-term profitability, Ravi Thanawala, Papa John's CFO, said on the call.

Papa John's reported a 3% decline in global systemwide sales in the first quarter. North America comparable sales declined 6.4%, though international comparable sales rose 3.6% for the sixth consecutive quarter of growth.

CEO Todd Penegor said, "We are taking action to better align corporate and field resources with our transformation priorities and optimize spans and layers in our organizations."

Papa John's was founded in 1984 by John Schnatter in Jeffersonville, Indiana, when he began selling pizzas out of a converted broom closet in his father's tavern. The brand quickly grew into one of the largest pizza chains in the world, known for its "Better Ingredients. Better Pizza." slogan.

Some Red Robin locations in Illinois, California, and New Jersey abruptly closed this year, The Independent reported.

The company, which has nearly 500 locations across the United States, said in February 2025 that it intended to shutter roughly 70 underperforming restaurants as part of a plan to pay down debt, USA Today reported.

Later in the year, executives shared during an earnings call that turnaround efforts at several locations had been more successful than expected, reducing the need for as many closures.

A Red Robin spokesperson told Business Insider in March that 20 closures in 2026 were mentioned on the company's Q4 earnings call; however, these are potential, not confirmed, closures. They concern corporate locations, rather than franchise-operated locations.

"As the company reported in its Q4 earnings, Red Robin beat the casual dining industry on traffic in December, a trend that continued into January," the spokesperson said, adding that there was "a lift in traffic, thanks to its new value menu, the Big YUMMM Deals starting at $9.99."

"This gives the company confidence as they look ahead and expect to continue that progress in 2026 as they introduce more guests to the new-and-improved Red Robin," the spokesperson said.

Red Robin was founded in 1969 in Seattle, Washington, when local restaurateur Gerry Kingen expanded and renamed a neighborhood tavern that had originally opened in the 1940s.

The company grew into a national casual-dining chain known for its gourmet burgers, its Bottomless Steak Fries, onion rings, and thick, hand-spun milkshakes.

Denny's, which operates more than 1,650 locations globally and is recognized for comfort-food staples, confirmed in January that it had completed its plan to close 150 restaurants by the end of 2025.

Since the start of 2026, there have been reports of restaurants closing without advance notice, including locations in Grand Rapids and Kalamazoo, Michigan, as well as Midland, Texas, per Mashed.

Denny's did not respond to Business Insider's request for comment on the recent closures. It has not been said if there will be others this year.

It comes amid broader corporate shifts at the company. In January, a $620 million acquisition by TriArtisan Capital, Yadav Enterprises, and Treville Capital was completed. The company reported that CEO Kelli Valade would leave in February.

Denny's was founded in 1953 in Lakewood, California, by Harold Butler and Richard Jezak, originally operating under the name Danny's Donuts before evolving into a full-service coffee shop and eventually rebranding as Denny's.

Fast Company reported Noodles & Company plans to shutter more restaurants as part of a broader effort to shore up its finances.

In a January announcement, the fast-casual chain said it expects to close between 30 and 35 locations in 2026 to improve profitability and strengthen its overall performance.

By the end of 2025, the brand operated 340 company-owned restaurants and 83 franchised locations. The company had already downsized its footprint the previous year, closing 42 restaurants, including 33 corporate locations and nine franchise units.

"Decisions like this are made thoughtfully and with a long-term view of the business," CEO and President Joe Christina said, adding that fourth-quarter results showed stronger performance when resources were focused on higher-opportunity restaurants. He said the moves are designed to bolster the brand's financial position and support long-term, profitable growth.

Noodles & Company was founded in 1995 by Aaron Kennedy in Denver, Colorado. The chain is known for its diverse menu that spans flavors from around the world, including Wisconsin Mac & Cheese, Pad Thai, Japanese Pan Noodles, and Pasta Fresca. In addition to noodle bowls, the restaurant offers soups, salads, and shareable sides, positioning itself as a quick-service spot for comfort food with an international twist.

Since filing for bankruptcy in 2024 — and closing dozens of restaurants that year — Red Lobster has begun a turnaround: It's appointed a new CEO, updated its menu, collaborated with celebrities, and exited Chapter 11 protection. The new CEO, Damola Adamolekun, told The Wall Street Journal in February that its sales were up 10% year over year.

Still, the company announced this week that it will shutter its flagship Times Square location on June 14, ending a 23-year run in one of the world's busiest tourist destinations.

A spokesperson for Red Lobster told Business Insider the chain "remains focused on strengthening the business, investing in the guest experience, and building momentum across the system."

It cited "extensive and prolonged construction" at the sprawling location, which affected foot traffic and sales.

"Times Square has been an important chapter in Red Lobster's history, and we are grateful to the team members and guests who have made this restaurant special over the years," the chain said.

In May, the brand closed its oldest continuously operating location, in Tallahassee, Florida, after 56 years, following typical performance and lease reviews, the company said. Other closures have included restaurants in Chambersburg, Pennsylvania, and Overland Park, Kansas.

Red Lobster operates around 550 restaurants, a decline from around 700 a few years ago, Fortune reported. Adamolekun told The Wall Street Journal that Red Lobster is still looking closely at leases, with a view to close or update underperforming locations. He added that the chain is also open to opening more locations in some underrepresented regions.

Founded in 1968, Red Lobster grew into one of the largest casual dining seafood chains in the United States. The company is best known for its seafood-focused menu, including shrimp, lobster, and crab dishes, as well as its signature Cheddar Bay Biscuits, which have become a staple of the brand.

Saks Global has been one of the higher-profile retail bankruptcy cases this year. After weeks of public speculation, the luxury store voluntarily filed for Chapter 11 bankruptcy protection in January.

The owner of Saks Fifth Avenue and Neiman Marcus has since said it would close some US stores, focusing more on luxury and less on off-price retail, such as its Saks Off Fifth and Neiman Marcus Last Call locations.

In April, Saks Global said it resolved a dispute with key landlord Simon Property Group and also received court approval to raise up to $500 million from a group of investors.

Saks Global aims to exit bankruptcy this summer.

Cosmetics brand Pat McGrath Labs — sold in stores like Sephora, Ulta Beauty, and Nordstrom — said in April that it had completed a Chapter 11 process that it began in January. Founder Pat McGrath, known for styling top models, is staying on as chief creative officer.

The company said it received $65 million of financing and support that would allow it to pursue a new chapter of growth.

Fat Brands, the parent company of burger joints like Fatburger and Johnny Rockets, filed for Chapter 11 in January to restructure about $1 billion in debt.

The company cited a "challenging operating environment over the last few years" and said its 18 brands and 2,200 restaurants would remain operating as usual during the bankruptcy process.

A sale of the business could come as early as May.

Women's fashion retailer Francesca's once again filed for Chapter 11 in February, a few years after it was acquired out of an earlier bankruptcy.

With about $30 million in secured debt, as much as $100 million in liabilities, and no buyer, the company said in March that it would liquidate all inventory and close all 457 stores.

Outdoor retailer Eddie Bauer filed for Chapter 11 in February. Catalyst Brands, which owned Eddie Bauer's US and Canadian retail operations, said it needed to wind down the brand's nearly 200 stores after failing to find a buyer.

The bankruptcy does not affect Eddie Bauer's manufacturing, wholesale, or e-commerce operations, nor its retail business outside the US and Canada. Japan is home to several Eddie Bauer stores.

Home-shopping company QVC Group said in April that it was entering Chapter 11 to restructure its finances for QVC, HSN, and Cornerstone Brands.

The company said it plans to continue operating as usual with no planned layoffs or furloughs. The move is expected to last about 90 days and leave the company with $1.3 billion in debt, down from $6.6 billion.

QVC and HSN popularized TV-based shopping, but the company has faced stiff competition as audiences shift toward social-shopping platforms like TikTok Shop.

After filing for Chapter 11 bankruptcy protection on February 5, apparel retailer Francesca's said it will conduct going-out-of-business sales at all of its roughly 400 stores across the US.

Francesca's previously filed for bankruptcy protection in 2020 before being acquired by TerraMar Capital and Tiger Group.

"This process provides a structured path to pursue the best outcome for all stakeholders," Curt Kroll, CFO, said in a February statement about the bankruptcy. "We remain focused on operating responsibly and supporting our teams, partners, and guests throughout this process."

In a February 13 earnings call, Wendy's interim CEO Ken Cook said the company planned to close underperforming restaurants in the US, representing 5% to 6% of its roughly 6,000 locations. An estimated 5% of Wendy's restaurants would come out to around 300 locations.

Cook told investors to expect the closings to take place in the first half of 2026.

Restaurant chain Pizza Hut is set to close 250 underperforming stores in the US during the first half of 2026, its parent company, Yum! Brands, said in February. The reduction comes as part of a program to accelerate the Pizza Hut brand in the long term.

The company said that the 250 targeted closures are a fraction of the 20,000 locations that Yum! Brands operates globally.

Nearly 200 North American Eddie Bauer storefronts are expected to shut down after the operating entity behind the stores failed to find a buyer during its Chapter 11 restructuring.

Liquidation sales have been underway at the 175 Eddie Bauer stores in the US and Canada.

Those store-closing sales are projected to wrap up before April 30, according to court filings in the company's bankruptcy case.

Carter's, one of North America's biggest children's and baby apparel retailers, said in October that it plans to close 150 stores across the region over the next three years as leases expire, including about 100 by the end of 2026.

In January 2025, Macy's said it planned to close 150 locations through 2026, allowing it to focus on its best-performing locations and online experience. After the closures are complete, about 350 Macy's stores are expected to remain. Macy's closed at least 66 stores in 2025.

Grocery giant Kroger said in June 2025 that it planned to close 60 "unprofitable" stores across the US over the next 18 months. The company said in September that it had begun that process.

The company said in its last annual report that it operated 2,731 supermarkets in 35 states and Washington, DC, as of February 2025.

Saks Off 5th, a luxury outlet retailer offering discounted designer brands, plans to close 57 stores in early 2026. It announced plans to close nine of those stores last year, and the rest were announced in January.

Saks Global, the parent company of Saks Off 5th, as well as Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, filed for Chapter 11 bankruptcy protection in early January. The outlet's website, a separate legal entity, is also winding down operations.

In addition to the Saks Off 5th closures, Saks Global is closing five Last Call locations, the off-price Neiman Marcus stores.

Supermarket chain Grocery Outlet is set to close 36 underperforming stores, representing about 6% of its fleet in 2026. CEO Jason Potter told analysts on March 4 that the company had identified stores that no longer had a "viable path to sustained profitability."

The closures come as the grocery chain has been expanding rapidly, particularly in Eastern states. The chain said in November that it planned to end 2025 with 37 new store openings. It plans to open another 30 to 33 net new stores in 2026, Potter said in the March call.

Of the 36 stores closing this year, 24 are located in the Eastern US. The closures make up about 30% of that region's stores, Potter said. He said Grocery Outlet won't be exiting any state completely.

"However, it's clear now that we expanded too quickly and these closures are a direct correction," Potter said.

Grocery Outlet saw a nearly $235 million operating loss and a more than $218 million net loss in its fourth-quarter earnings results.

Torrid, a plus-size apparel retailer, told investors in March that it had previously identified 180 unproductive stores, of which it closed 151 locations by the end of 2025. CEO Lisa Harper said the company plans to close the remaining stores in the first half of 2026.

Torrid closed 11 locations in the first quarter of 2026, Harper said.

Shoe brand Allbirds said in January that it would close its remaining full-price stores in the US by the end of February. The company said the closures would enable it to dedicate resources toward its e-commerce business.

As of December 2025, Allbirds' US retail presence consisted of 23 stores.

"By exiting these remaining unprofitable doors, we are taking actions to reduce costs and support the long-term health of the business," said Joe Vernachio, CEO.

In March, Allbirds agreed to sell to American Exchange Group, a New York-based fashion and consumer goods company, for $39 million.

Newell Brands said in December 2025 that it would close 20 Yankee Candle stores in the US and Canada beginning in January 2026. The closures were announced alongside the reduction of its workforce by over 900 employees.

"This productivity plan is about taking the next, disciplined step to enhance efficiency, sharpen our strategic focus, and deliver stronger, more consistent performance," CEO Chris Peterson said in a press release.

After filing for bankruptcy in January, Saks Global announced a series of closures.

The first wave was announced in February, with the company saying it would optimize its Saks Fifth Avenue footprint by closing eight locations. In March, it announced that another 10 locations would close.

Those closures leave 15 Saks Fifth Avenue locations remaining.

In addition to many Saks Fifth Avenue and Off Fifth locations, Saks Global closed four Neiman Marcus locations. The company announced one of the closures — a Boston store — in February and another three in March.

REI confirmed to Business Insider that it plans to close three stores, starting with a location in New Jersey, in the first quarter of 2026. Its stores in New York City's SoHo neighborhood and Boston are set to follow in late 2026.

"As markets and customer needs evolve, we must adapt to position the co-op for long-term success," the company said in a statement.