Wendy’s plans to close 140 restaurants and open 250 to 300 new locations
November 1, 2024
Ohio based fast food restaurant chain Wendy’s has revealed plans to close 140 underperforming restaurants as part of a strategy to strengthen its brand and optimize its operations.
Kirk Tanner, the company’s President and CEO, addressed these developments during Thursday’s earnings call, highlighting that the closures are a calculated move to enhance overall system performance.