Wendy's to close 140 more low performing restaurants by end of the year
- Wendy's is closing 140 restaurants in the U.S. by the end of the year, as announced this week.
- CEO Kirk Tanner stated the closures target 'outdated and located in underperforming' areas.
- This follows a previous announcement of 100 closures made by Wendy's in May.
107 Articles
107 Articles
Wendy’s plans to close 140 restaurants in the United States before the end of the year, in addition to the 100 that she said it would close in May. But in a phone conference with investors on Thursday, the company said those closures will be offset by the opening of new restaurants. Wendy’s said it plans to open between 250 and 300 restaurants this year. Wendy’s president and CEO Kirk Tanner said that the restaurants that are closing have a lowe…
Wendy’s to close 140 ‘poor-performing’ restaurants by end of year
Wendy’s is closing around 140 underperforming restaurants by the end of the year, the fast food giant announced Friday. The Dublin, Ohio-headquartered restaurant chain didn’t offer a list of cities or states where the closures will take place, but Kirk Tanner, the company’s president and CEO, said they will be spread out across the country, rather than concentrated in a single region. Wendy’s has 7,292 stores around the world, and more than 80% …
Wendy's to close 140 restaurants by end of year, Applebee's files for bankruptcy, 8 locations abruptly close, TGIF Shuts down 50 stores
Wendy’s plans to close 140 U.S. restaurants before the end of this year on top of the 100 it said it would close in May. But in a conference call with investors Thursday, the company said those closures will be offset by new restaurant openings. Wendy’s said it plans to open between 250 and 300 […]
American fast food restaurant chain Wendy's is closing 140 restaurants in the next few months, the company's management announced.
Wendy’s to close 140 underperforming, outdated locations
Wendy’s announced it would close 140 underperforming and outdated locations by the end of 2024, adding to the 100 closures it had already scheduled earlier this year. Wendy’s CEO, Kirk Tanner, said the locations struggled to meet current customer expectations and had become outdated. The company planned to focus on locations that better aligned with customer preferences. Despite the closures, Wendy’s expected no reduction in its overall U.S. pr…
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