Can Denny’s recover from decline? As investors spend $620 million to take the brand private, the stakes are high in the deal.
For decades, Denny’s was America’s iconic dining destination: the go-to place for cheap coffee, late-night eats, and roadside convenience. But all that has changed in recent years. While portions remain generous, the once-ubiquitous chain has been shrinking as Denny’s battles rising menu prices, declining customer traffic and a wave of restaurant closings. Now Denny’s is…