Economy

Popular buffet chain quietly shuts down restaurants after decades

For families who have relied on this all-you-can-eat buffet for an affordable meal amid rising food and restaurant prices, losing their local spot can mean more than finding another place to eat. For some families, replacing that familiar option could mean spending more on a meal elsewhere.

This is happening in communities across the country as the longtime buffet chain has continued to close restaurants in 2026, including locations that have served customers for decades, leaving some diners with fewer options for family meals and special occasions they may once have taken for granted.

Founded in 1973 in Fayetteville, North Carolina, Golden Corral is an American all-you-can-eat buffet chain that calls itself “America’s #1 buffet and grill.” The company operates approximately 350 restaurants across the U.S. and Puerto Rico, and is known for its wide selection of comfort food, signature yeast rolls, and family-oriented dining.

Golden Corral closes multiple restaurants in 2026

Golden Corral has closed at least six restaurants in 2026 across six states, according to local reports reviewed by TheStreet.

The locations include:

  • Brownsville, Texas: Closed at 4555 North Expy 77/83 on September 14 after 35 years due to a significant rent increase, MySA reported.
  • Boynton Beach, Florida: Closed at 389 Winchester Park Blvd on July 26 after 20 years due to a lease expiration, The Palm Beach Post reported.
  • Davenport, Iowa: Closed at 5202 Elmore Ave on July 6 after 28 years for undisclosed reasons, Moline Dispatch & Rock Island Argus reported.
  • Canton, Ohio: Closed at 4910 Dressler Rd NW on February 1 after 24 years for undisclosed reasons, Canton Repository reported.
  • Boise, Idaho: Closed at 8640 E Emerald St in September after 25 years for undisclosed reasons, Idaho Statesman reported.
  • Alton, Illinois: Closed at 350 Homer M. Adams Pkwy on April 23 after 27 years due to unsustainable business operations and severe staffing shortages, St. Louis Business Journal reported.

The reasons for these individual closures vary, and not every franchisee has disclosed why a restaurant shut down. The cases reported publicly include higher rents, lease expirations, staffing challenges, and high operational costs.

Golden Corral continues restaurant closures in 2026.

Boston Globe / Getty Images

What is putting pressure on Golden Corral and the restaurant industry

Golden Corral’s closures come as restaurant operators continue to navigate higher costs and changes in consumer spending.

The COVID-19 pandemic dealt a significant blow to the buffet industry because restaurants were temporarily unable to operate their traditional self-service formats. This led Golden Corral’s largest franchise group, 1069 Restaurant Group LLC, to file for Chapter 11 bankruptcy in 2020. 

The chain has since worked to rebuild its business. Company executives have acknowledged that customers are becoming more selective about how frequently they dine out.

Golden Corral CEO Lance Trenary said in a 2026 interview with FSR Magazine that the company maintains a value advantage over its family-dining competitors, but that value and affordability are not necessarily the same thing.

Trenary said guests have not necessarily changed their opinion of Golden Corral, but may not be able to visit as frequently as they once did. He said the chain’s loyal customers visit about 70 times per year, or roughly 1.5 times each week.

Restaurant operators are also dealing with higher food costs. According to the U.S. Bureau of Labor Statistics, prices for food away from home increased 3.4% in the 12 months ending August 2026.

Beef has been an additional pressure for buffet operators. Beef prices were 9.4% higher in July 2026 than in July 2025 and are forecast to increase 9.8% in 2026, according to the U.S. Department of Agriculture’s Food Price Outlook.

For Golden Corral, maintaining its value proposition while managing those costs is particularly important because its business model depends on offering customers a large amount of food for a single price.

“We’re not going to follow the path of some other buffet chains in the past that have tried to cheapen their menu during these high inflationary times,” said Trenary. “We’re still going all out with high quality and the things that our guests love.”

Instead of substantially reducing the quality of its offerings, Trenary said Golden Corral is sticking with roughly 150 items made fresh each day, including some of its most expensive offerings, as the company works to balance its all-you-can-eat model and higher costs.

Golden Corral tries new ways to bring customers back

While some restaurants have closed, Golden Corral is also testing ways to reach customers through different formats, promotions, and marketing.

In early 2025, the company launched Golden Corral Favorites, a spinoff concept intended to bring the brand into the fast-casual category with a different restaurant format.

The concept followed Homeward Kitchen, which Golden Corral introduced in late 2023 in Southern Pines, North Carolina. That restaurant was later closed and reopened as the first Golden Corral Favorites location.

Golden Corral Favorites itself closed in May 2026, according to Sandhills Sentinel.

The company has also continued looking for opportunities to expand its traditional buffet business. Golden Corral has expanded into Puerto Rico and said one of its restaurants there became the first new restaurant to exceed $12 million in annual sales, according to FSR Magazine.

The chain has partnered with a firm to evaluate markets and has received interest from Mexico, Brazil, Canada, the U.K., and the Middle East. However, no development agreement has been completed in those markets.

Golden Corral is investing more marketing effort in digital channels. The company has said roughly 30% of its marketing budget is now dedicated to social, digital, and streaming.

Promotions are another part of the strategy. In 2026, the chain launched its America $2.50 Value Deals campaign, offering rotating monthly promotions across breakfast, lunch, dinner, To Go, beverages, and catering.

The company has also introduced wing deals, including “25 wings for $25” and “Buffalo Bites 50 for $25.”

Here’s some of my previous coverage on more restaurant closures:

For customers, those changes come as the chain tries to preserve the value and variety associated with its buffet model while adapting to higher costs and changing dining habits. At the same time, the 2026 closures mean some communities are losing a restaurant that had been part of their local dining landscape for decades.

Related: Popular restaurant chain closes nearly all locations in 2026