US EditionWendy’s to Close Hundreds of U.S. Restaurants, but None in Northwest Indiana
Wendy's will close up to 360 underperforming U.S. locations by 2025 after a 4.7% drop in same-store sales amid inflation and reduced customer visits, interim CEO said.
- On Nov. 7, Wendy's interim CEO Ken Cook said the chain will close a mid-single-digit percentage of its nearly 6,000 U.S. restaurant locations, totaling roughly 240 to 360 stores by the end of 2025.
- With U.S. sales under pressure, Wendy's reported same-store sales down 4.7% and systemwide sales down 2.6% last quarter due to higher food prices, rising rent and lingering inflation.
- Wendy's said it will focus on operations and told investors, `We are working with our U.S. franchisees to evaluate each and every underperforming restaurant in our system, from both the financial and the customer experience perspective, and developing action plans for how to improve both,` Cook said.
- Cook framed the decision as aimed at system health, saying it will improve the "long-term health of the overall system" and free savings to reinvest in other Wendy's franchisees.
- With rivals investing in value, McDonald's reported a 3% revenue increase to $7.08 billion and a $40 million marketing investment amid pressure from value-conscious consumers.
13 Articles
13 Articles
Wendy’s, one of the flagship brands in the fast food sector, will close hundreds of stores during the end of 2025 and all of 2026 in the United States. The plan is part of a process of “optimization of the system”, according to statements by CEO Ken Cook, in the face of the fall of traffic in the premises and the loss of participation in front of competitors like Chili’s. Why Wendy’s will reduce its presence in the United States?According to The…
Wendy’s to close hundreds of restaurants as sales slump
Wendy’s, the fast-food chain once known for its “Where’s the beef?” ad campaign, plans to close hundreds of U.S. restaurants in 2026 as it struggles with falling sales and shifting consumer spending patterns. Interim CEO Ken Cook stated that the company's U.S. sales "remain under pressure" and that Wendy's is "acting with urgency" to stabilize its performance. Hundreds of locations to close Cook said the closures will affect a mid-single-digit p…
Fast Food Chain To Close Hundreds Of Locations
Wendy’s plans to close hundreds of locations across the United States due to declining revenue and profits. The fast food chain expects to begin shuttering locations in the fourth quarter of this year. According toCBS News,the company cited “cutbacks by lower-income consumers.” Wendy’s plans to close hundreds U.S. restaurants over the next few months. The...
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
