Overview
- The company closed every corporate-owned O'Charley's location on Wednesday, Sept. 9, 2026, leaving buildings locked and the brand's website and most social accounts deactivated.
- Employees at multiple restaurants say they received roughly 24 hours' notice of the closures and report no announced severance or transition support from corporate.
- A small number of franchised O'Charley's stores remain open for now but franchisees have told reporters they expect to close in the coming weeks.
- Cannae Holdings has said same-store sales fell double digits and its restaurant division posted a net quarterly loss near $40 million and an operating loss of roughly $81 million over the 12 months ending June 30, 2026.
- O'Charley's had been shrinking since 2016 from a peak near 250 locations as casual-dining traffic fell and Cannae moved to monetize noncore assets to redeploy capital toward sports and entertainment investments.