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The Italian restaurant is in The Crescent.
Wildwood in Hinckley is not one of the stores at risk of closure.
A spokesperson for Wildwood, said: “Hinckley is not included in the process or at risk of closure and we very much look forward to a long future in The Crescent shopping development.”
The firm behind the restaurant chain, Tasty PLC, said: "In our pursuit of operational efficiency and long-term sustainability, we have decided to implement a restructuring plan. As part of this process, we have closed Wildwood Bicester, Birmingham, Brentwood, Cambridge, Chichester, Edinburgh, Kettering, Kingston, Ludlow, Market Harborough, Plymouth Derry’s Cross, Skipton, Worcester, and Loughton.
"We understand the impact of these difficult decisions and but unfortunately, they represent the steps needed to navigate a path through the challenges which are prevalent in our industry specifically, and the economy in general. We are confident that the changes will ensure the long-term viability of the Company and will protect the employment of the majority of our staff.
"Our primary focus will be on optimising the performance of our remaining Wildwood and dim t restaurants and thereby securing the long-term viability and profitability of the Company.
"We really want to express our gratitude to all our fantastic staff who continue to show unwavering dedication and commitment during these difficult times. We, in turn, are working diligently to explore all avenues to retain as many of our teams from the closed sites as we possibly can within the company.
"We thank all our guests for their ongoing support which we never take for granted, and we hope to see you soon in one of our restaurants."