In a move that sends ripples through the nation’s quick-service dining landscape, Wendy’s has revealed plans to shutter hundreds of underperforming restaurants across the United States, with closures slated to begin later this year and extend into 2026.
The announcement, made during the company’s third-quarter earnings call on Friday, Nov. 7, underscores broader challenges facing fast-food chains as consumer spending tightens and competition intensifies.
Wendy’s Closing Hundreds of Restaurants
Interim CEO Ken Cook described the initiative as a “mid single-digit percentage” of Wendy’s approximately 6,000 U.S. locations, translating to roughly 200 to 350 closures.
This strategic pruning is part of the company’s “Project Fresh” turnaround plan, launched in October, aimed at revitalizing the brand by focusing resources on high-performing sites and modernizing operations…