Wendy's to Close 140 U.S. Restaurants While Opening New Locations

Friday, 1 November 2024, 16:52

Wendy's is set to close 140 U.S. restaurants by year's end to balance new openings. This decision follows the closure of 100 locations announced in May. The fast-food chain plans to open between 250 and 300 new restaurants in the same timeframe.
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Wendy's to Close 140 U.S. Restaurants While Opening New Locations

Wendy's Restaurant Closures and Openings

Wendy's is making significant adjustments in its restaurant footprint as it plans to close 140 U.S. locations by the end of the year. This closure is part of a broader strategy to offset the simultaneous opening of new restaurants.

Details of Closures

  • 140 U.S. restaurants will be closed to improve overall performance.
  • These closures add to the 100 already scheduled for closure announced in May.

Future Openings

Despite the closures, Wendy's remains optimistic about its growth. The company aims to open 250 to 300 new restaurants this year, focusing on higher-performing areas to drive success.

Performance Insights

Wendy's President and CEO, Kirk Tanner, emphasized that the closed locations have been underperforming relative to others in the chain, making this move strategic for future profitability.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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