There’s no denying that fast-casual chains and the restaurants we know and love are having a bit of a precarious moment amid growing economic uncertainty and the steadily declining trickle of consumer spending. Today’s buyers are a bit more discerning with their finances and are making tougher decisions about where to spend their cash and how often to do so. Legacy chains like Red Lobster, TGI Fridays, and Hooters have all seen sales decline to the point of filing for bankruptcy, and each brand has taken massive swings to try and quell the leak and win back customers who have chosen to spend their hard-earned cash elsewhere.
??SIGN UP to get delicious recipes, handy kitchen hacks & more in our daily Pop Kitchen newsletter??
Whatever the reasons for the change in consumer spending, any business that fails to evolve with the times is in danger of being left behind. One business that has been making major changes in recent months understands the path ahead and has made significant changes to its business model in hopes of keeping up. The mildly salacious and tongue-in-cheek fast-casual chain Twin Peaks went public in January, which brought on a slew of shifts in the business. In February, their executive team got a shake-up when their CEO stepped down, and a few months later, they announced that they’d be closing several Smokey Bones restaurants and rebranding them into Twin Peaks locations.
Related: Major Food Supplier That Supports Whole Foods, Walmart and Target Hit by Cyberattack—Here's What to Know
Now the chain is making headlines again with reports that they just closed their last location in California, ending a nearly 10-year reign in Sacramento. The sports bar chain known for its scantily clad “Lumber Jill” waitresses announced on Monday that it was closing its last and final California location in Arden Arcade without providing an actual reason for the closure. “To our fans, we thank you for nearly 10 years of joining us for the 'food, fun, cold beer & sports,” they said on Instagram. prompted a slew of responses from fans mourning the popular location.
View this post on Instagram
A post shared by Twin Peaks Sacramento (@sacramentotwinpeaks)
“What happened?!” asked one fan. “Noooooo ?” said someone else. While we don’t have the actual details or any indication of what prompted the closure, it’s worth it to note that Twin Peaks is far from struggling and actually has plans to expand its book of business this year. We’ll keep our eye out for what’s next from the brand, but something tells us whatever it is will be monumental.
Related: This 'OG' Food Delivery Service Just Opened Its First Brick-and-Mortar—Here’s What to Know
Read More Details
Finally We wish PressBee provided you with enough information of ( This Fan-Favorite Restaurant Just Abruptly Closed One of Its Last Locations—Here's What We Know So Far )
Also on site :
- New federal Covid-19 vaccine policies are already keeping some people from getting shots
- Robert De Niro, 81, Makes Rare Public Appearance With Daughter Helen, 13
- The 10 Best Dragon Fantasy Books With Romance