Fleming's parent company, Bloomin' Brands, made the decision in February of 2024 to assess all its restaurant holdings and close down ones with lower sales numbers. The company owned not only Fleming's locations, but also Bonefish Grill, Carraba's Italian Grill, and Outback Steakhouse. Collectively, 41 locations of these restaurants were on the chopping block, with many being older restaurants that also needed costly renovations. While Bloomin's revenue increased between the last quarter of 2022 and the last quarter of 2023, its actual net income decreased by $58 million. Fleming's sales, in particular, decreased by 0.3% during that time. While its sales decreased less than the other chains that Bloomin' owns, it was still enough to warrant location closures.