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Wendy’s is closing hundreds of restaurants — Wendy's parking area crowded with cars under a clear blue sky in Orlando. by Ceir Junior/Pexels / Pexels

Economy · United States

Wendy’s is closing hundreds of restaurants

75% Center coverage: 162 sources

By Jordan Valinsky, CNN New York (CNN) — Wendy’s is set to close hundreds of locations across the United States as part of its turnaround plan. Interim CEO Ken Cook announced Friday that a “mid single-digit percentage” of Wendy’s approximately 6,000 US locations could close, which would amount to around 200 to 350 restaurants. Affected locations are those that are “consistently underperforming” and dragging down the chain’s overall performance, …See the Story

Outback Steakhouse owner abruptly shutters 21 restaurants in sweeping overhaul — REUTERS / ixx511

US Economy · United States

Outback Steakhouse owner abruptly shutters 21 restaurants in sweeping overhaul

84% Center coverage: 44 sources

Outback Steakhouse’s parent company abruptly closed 21 restaurants across the country in October as part of a sweeping cost-cutting plan. See the Story

Restaurant Brands International to form joint venture for Burger King China to accelerate expansion — REUTERS / ixx511

Burger King · China

Restaurant Brands International to form joint venture for Burger King China to accelerate expansion

42% Center coverage: 28 sources

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