Popular Restaurant Chains That Are Closing Locations And Losing Money

Golden Corral Locations Shut Down And Employees Were Furloughed

Golden Corral buffet chain announced that they would be closing 35 of its locations, and furloughing 2,290 employees. The beloved restaurant chain tried to stay afloat during tough times but ultimately felt that they had no choice.

John Greim/LightRocket via Getty Images
John Greim/LightRocket via Getty Images

The announcement was made by CEO Lance Trenary, who said “It is truly an emotional and challenging time for our country. The realities of the current situation have forced us to make difficult decisions.”