If you want a hot lunch from O'Charley's Restaurant + Bar soon, you may have trouble finding one.
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Restaurant Business Magazine stated that the casual dining operator abruptly closed 18 ailing sites on Sunday. O'Charley's has closed 51 restaurants in 2023
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For those unfamiliar, O'Charley's is a casual eating establishment with a diverse menu like Applebee's or TGI Fridays. Shareable appetizers,
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burgers, ribs, steaks, salads, southern-inspired cuisine, beer, and cocktails are served.
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The chain closed so many restaurants owing to poor sales and changing neighborhoods. Over the past two decades, malls and other stores near
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failing O'Charley's restaurants shuttered or moved, reducing foot traffic. During the COVID-19 epidemic
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online purchasing increased, and rent and commodities prices added to financial constraints.
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Restaurant Business Magazine reported a 34% drop in O'Charley's systemwide sales from 2017 to 2022. Sales were encouraging in January 2023
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This prompted O'Charley's to close 18 outlets to turn things around. Local media has been covering the sudden shutdown of O'Charley's
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locations in Ohio, Kentucky, and Indiana, among others. The chain has 91 Midwest and South outlets.
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