Reported 25 days ago
Wendy's has announced plans to close 140 U.S. restaurants by the end of the year, following a previous closure of 100 locations announced in May. Despite these closures, the company aims to open 250 to 300 new restaurants, focusing on enhancing brand presence and customer experience. Wendy's President and CEO Kirk Tanner mentioned that the closing locations are underperforming and outdated. The company currently operates 7,292 restaurants, with over 80% located in the U.S.
Source: YAHOO