5 things to know about impact of Carrabba’s, Outback closings

FILE

FILE

Approximately 40 “under-performing” Carrabba’s, Outback, Bonefish Grill and Flemings restaurants will be closing by the end of 2017, according to the owner.

“Although 2016 was a challenging year for both Bloomin’ Brands and the industry, we made real progress on our strategy to reallocate spending away from discounting toward investments to strengthen brand health, ” Liz Smith, CEO of Bloomin’ Brands, said in a statement.