PizzaRev Down to 13 Locations After Round of Closures. Therefore, it is clear that the rumours about Olive Garden closing are nothing more than rumours. Linked information within this article is attributed to the following outlets:Google.com, RetailDive.com, and ScrapeHero.com. FoodFirst Global Restaurants, the parent company of Brio and Bravo restaurants, filed for Chapter 11 bankruptcy protection in April 2020 and temporarily closed over 70 of its more than 92 locations. This article is based on corporate postings and accredited media reports. However, its latest performance has revealed that the difficulties are largely fading. The 1987 sale provided the chain restaurant with a strong parent company to rely on, but high operating costs eventually forced the company to file for bankruptcy in 2017. New locations proposed for Olive Garden, Crafty Cow: Quick Bites The chain is currently owned by Dine Brands Global. With a healthier menu and a new business plan in place, Long John Silvers might just survive for another few years. This article is based on corporate postings and accredited media reports. This article is based on corporate postings and accredited media reports. There are 897 Olive Garden stores in the United States as of February 27, 2023. Although Chipotle managed to boast the highest sales in company history in the last two quarters, theyve still had to close branches to recover from their 2016 losses. Its still unclear how this move will end up, but hopefully theyll manage to persevere. The above speculation and these shrinking activities are likely what sparked the suspicions around Olive Gardens closure. As excerpted from the press release: Total sales increased 51% from last year to $2.31 billion driven by a blended same-restaurant sales increase of 47.5% and the addition of 34 net new restaurants. My mission on News Break is to share socially important perspectives on both culture and pop-culture. Yet another Bloomin Brands chain, Bonefish Grill isnt exempt from the wave of closures that plague its parent company. Olive Garden in Georgia (GA) | Olive Garden Locations - USA Locator