Restaurant Grapevine
Week of Sept 19-25, 2026
Openings & Closings
Six chains closing hundreds of units through 2026-27. Wendy's (300-350 units), Papa Johns (300), Pizza Hut (250), Jack in the Box (50-100), Noodles & Company (30-35), and Darden's Bahama Breeze (14) are all shedding underperforming locations after multiple quarters of declining same-store sales and traffic. (Restaurant Dive)
The Pipeline: What's Opening Next
Our research desk is tracking approximately 598 pre-opening restaurant leads nationwide as of this week — here's a sample of what's coming down the pipe:
- Sant Ambroeus is opening its first Texas location in Dallas, targeting early 2027.
- La Pecora Bianca is bringing its first Florida location to Coral Gables this November.
- Lettuce Entertain You is opening a new pizza concept, Pizzeria Gabbo, in Chicago's Fulton Market this fall.
- A Phoenix restaurant group is opening a 5,000-sqft barbecue-and-seafood concept at Park Central this October.
- Stix Asia, an 18,000-sqft food hall, is targeting a year-end opening at Las Vegas' UnCommons.
- An Old Hollywood-inspired chophouse is taking over a former Buca di Beppo space in Scottsdale this fall.
M&A / Investment
Ninety Nine Restaurants explores a sale. Cannae Holdings is reportedly weighing a sale of the casual-dining chain, following sister brand O'Charley's recent closure of its corporate-owned locations. (Nation's Restaurant News)
Labor & Operations
Florida's minimum wage climbs to $15 on September 30. Non-tipped workers rise to $15/hour and tipped workers to $11.98, the final scheduled step of a 2020 voter-approved amendment. Florida becomes the 19th state at or above $15. (WEAR ABC 3)
Tech & Supply Chain
SumUp launches POS Plus for independents. SumUp's new $49/month tier adds floor-plan management, employee PIN login, multi-device order management, barcode scanning, cost-of-goods tracking, and QuickBooks/Xero integration. (GlobeNewswire)