Wendy’s Announces Closure of 300 Stores Amid Turnaround Efforts
TL;DR Summary
Wendy's plans to close around 200 to 350 underperforming US restaurants as part of a strategic turnaround to improve sales and profitability, following a previous closure of 140 locations and recent declines in same-store sales, despite positive reception to its new chicken tenders.
Topics:top-news#business#restaurant-closures#sales-decline#turnaround-plan#underperforming-locations#wendys
- Wendy’s is closing hundreds of restaurants CNN
- What’s wrong with Wendy’s? Yahoo Finance
- Wendy's to close roughly 300 stores nationwide starting in late 2025 USA Today
- Wendy’s is still losing to rivals like McDonald’s, but not by as much as feared MSN
- Wendy’s takes first step in ‘Project Fresh’ turnaround plan Ad Age
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