By DEE-ANN DURBIN Wendy’s plans to close 140 U.S. restaurants before the end of this year on top of the 100 it said it would close in May. But in a conference call with investors Thursday, the company said those closures will be offset by new restaurant openings. Wendy’s said it plans to open between 250 and 300 restaurants this year. Wendy’s President and CEO Kirk Tanner said the restaurants that are closing are underperforming compared to others. “They’re just in locations that don’t build our brands,” Tanner said.
Similar Stories to Wendy’s Closing 140 More Restaurants As Part Of Push To Update Its Locations on Bing News
The Associated Press, Denver Post: Business
Fri, 11/01/2024 - 9:24am
BING NEWS:
- Wendy’s is closing 140 restaurants over the next few months, opening more in new locations
The company said it would open an equal number of new locations in areas it believes can generate better business for Wendy’s.
11/1/2024 - 6:30 am | View Link - Wendy’s closing 140 more restaurants as part of push to update its locations
Wendy’s plans to close 140 U.S. restaurants before the end of this year on top of the 100 it said it would close in May.
11/1/2024 - 5:55 am | View Link - Senate Democrat on Biden, Cuban comments about Trump supporters: ‘I don’t like it’
Sen. Peter Welch (D-Vt.) on Friday criticized comments made in recent days by President Biden and entrepreneur Mark Cuban about former President Trump’s supporters. The Vermont Democrat did ...
11/1/2024 - 5:34 am | View Link - Employers added just 12K jobs in final days before election | Hot off the Wire podcast
Get a recap of recent financial, health and general interest stories through this special edition of our Hot off the Wire daily news podcast.
11/1/2024 - 2:45 am | View Link - Wendy's to close 140 ‘underperforming' restaurants by end of 2024
The Ohio-based fast-food chain made the announcement on an earnings call -- while also revealing a fan-favorite menu item is coming back.
11/1/2024 - 2:15 am | View Link - More
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