O'Charley's closed every company-owned restaurant on Sept. 9, 2026, and its website and primary social media accounts subsequently went offline. Corporate representatives confirmed the closures on Sept. 10, leaving a small number of franchised restaurants operating without firm long-term plans. Locations in Niles, Ohio; Chester, Virginia; Knoxville, Tennessee; and Alcoa, Tennessee, remained open, with the Niles restaurant potentially closing between Sept. 27 and Oct. 4. The Nashville-based casual-dining chain had contracted from nearly 250 restaurants at its 2010 peak to 47 by mid-2026. Cannae Holdings, which owns a 65.4% equity stake, reported a 23.8% year-over-year decline in guest counts, while comparable-store sales fell 13.1% in the second quarter and 12.8% during the first half of 2026. Earlier efforts to protect cash flow included closing underperforming sites, overhauling the menu and improving service. Cannae also said it was exploring strategic alternatives for its restaurant group. The shutdown adds to pressure on legacy casual-dining brands and accelerates Cannae's move away from the restaurant segment.