US corporate bankruptcy has reached its highest level since the Great Recession
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Fast casual restaurant chain Noodle & Company is planning to close 21 restaurants this year. The company revealed in its first quarter revenue report earlier this month.
The Bloomfield, Colorado-based company said it plans to close 13-17 company-owned restaurants and four franchise locations on May 7th. This is rising from previous forecasts of 12-15 company-owned closures, the chain said.
Noodles & Company said it plans to add two new company-owned locations in 2025.
According to its first quarter revenue report, Noodles & Company currently has 380 company-owned restaurants and 89 franchise locations. Company location discoverers indicate locations in 31 states.
Noodles & Company did not immediately respond to USA Today’s request for details on where it plans to close.
Founded in 1995, the company offers a “Dedicated to Noodles” menu offering items such as Mac & Cheese, Pad Thai and Japanese bread noodles. Last month, the company introduced new Mac and cheese variations, including Buffalo Chicken Lunch Mac & Cheese, pulling pork BBQ Mac & Cheese in addition to the new Green Goddess Cobb Salad and Cajun Shrimp Fett Chin.
Gabe Hauari is a national trending news reporter for USA Today. You can follow him with X @geuna Alternatively, email him at gdhauari@gannett.com.
