Business US

Beloved fast-food chain in business for more than 60 years quietly closing locations

Arby’s has been around for more than 60 years now slinging hot roast beef sandwiches to the masses, but it looks like there will be a few less spots to get that fix in the coming year.

Because, according to multiple reports, the fast-food chain has “quietly closed” more than a dozen restaurants across the country over the past several months.

Maybe it was the steak nuggets because, no matter the number of positive reviews you might read folks, those things are gross.

But seriously, Arby’s shuttering locations is a big deal, and if you don’t believe it just take a look at the share of the market that the chain owns. Per QSR magazine, Arby’s was third in 2024 in the United States market for sandwich sales, placing behind Subway and Panera.

And its parent company, Inspire Brands, reported that Arby’s did $29.5 billion in sales in 2024.

So, why is the chain now shutting down shop on so many locations?

Well, per The Independent, despite the impressive numbers, Arby’s saw a 6.3% drop in sales overall last year. The outlet said Arby’s has also been battling rising costs and lower consumer spending, which led to the dip in overall sales.

Good news for fans of the roast beef giant in Pennsylvania is that, so far, none of the shuttered locations have come in the Keystone State. But, per The Street, at least 14 locations have closed including one in Laurel, Maryland and another in Audubon, New Jersey.

Tennessee has been hardest hit with four locations closing, including three which shutdown in October.

Read the original article on pennlive.com.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button