After closing 140 restaurants in 2024, another well-known fast food chain just confirmed another major round of closures and Idaho’s locations may not be safe from the cuts.
According to USA Today, Wendy’s interim CEO revealed plans to close somewhere between 240 to 360 underperforming locations. He went on to explain that the struggling locations aren’t elevating their brand and, in many cases, are hurting the chain’s profits. Ultimately, Wendy’s leadership wants to fix the problems at those underperforming locations.
Investing in technology upgrades or selling them to new owners are options, but if the company’s research shows that those steps may not be enough to right the ship, they’ll move forward with closing the restaurant. Closures will begin before the end of 2025.
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These plans were part of a Q3 earnings call that also revealed that same-store sales for Wendy’s were down 4.7% and 2.6% globally during the most recent quarter…