US EditionFast-food chain says it’s closing up to 200 locations after announcing expansion to Michigan
- Jack in the Box announced plans Wednesday to close 150 to 200 underperforming locations.
- The chain struggles as customers cut spending amid rising inflation and tough competition.
- These planned closures represent approximately 10% of the chain's 2,200 total restaurants.
- CEO Lance Tucker stated closures aim to address the balance sheet and pay down debt.
- The company is also exploring selling its Del Taco brand as part of a broader overhaul.
99 Articles
99 Articles
Big chain restaurant closing up to 200 U.S. locations, most in 2025
Major fast-food chain Jack in the Box is planning to close up to 200 restaurants in a new initiative called the “Jack on Track” plan, a strategy aimed at boosting long-term financial performance, paying down debt and streamlining operations, the company announced Wednesday.
The Independent
The Independent (US)Jack in the Box plans to close hundreds of locations
Jack in the Box currently operates about 2,200 restaurants across 22 states
Fast-food chain closing up to 200 'underperforming' locations
Jack in the Box announced that it plans to close 150 to 200 of its restaurants as it looks to boost the fast-food company’s financial performance.The company said Wednesday that the restaurants in the planned "block closure program" were ones that were "underperforming" and, in many cases, several decades old. "Our actions today focus on three main areas: addressing our balance sheet to accelerate cash flow and pay down debt, while preserving gr…
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