Wendy's Announces Major U.S. Restaurant Closures Starting Late 2025
Wendy's plans to close hundreds of underperforming locations across the United States by 2026 as part of a strategic turnaround effort.
This decision aims to strengthen the company's overall system and improve profitability at the remaining restaurants.
The planned closures follow last year's shutdown of 140 stores, reflecting Wendy's attempt to counter declining domestic sales amid fierce competition.
"This move aims to strengthen the system and boost profitability at remaining restaurants."
Context Behind the Closures
- The closures target underperforming locations to optimize the brand’s presence.
- Wendy's has faced challenges with domestic sales due to stiff market competition.
- Previous closures included 140 stores in 2024 as part of the ongoing restructuring.
Source
Information sourced from The Economic Times' latest business news updates.
Author's summary: Wendy's plans a broad shutdown of underperforming U.S. restaurants by 2026 to reinforce profitability and combat sales decline amid tough competition.