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- Jack in the Box To Close 120 Locations in 2025 (Is Yours One?) (financebuzz.com)
Jack in the Box to Close Up to 120 Locations by End of 2025
The fast-food chain Jack in the Box has announced plans to close up to 120 restaurants nationwide by the end of 2025. This move comes as part of the company’s new “JACK on Track” strategy, implemented under recently appointed CEO Lance Tucker. The initiative aims to improve the company’s financial health by addressing debt, closing underperforming locations, and simplifying operations.
The closures are primarily driven by financial challenges, including declining same-store sales and rising operational costs. Tucker stated that the company aims to reduce its debt by $300 million within two years.
While a full list of closures has not been released, older, outdated locations in established markets, particularly on the West Coast, are considered most at risk. Two locations in Washington state have already closed, affecting approximately 26 employees.
In addition to the closures, Jack in the Box is also exploring the sale of its Del Taco brand, acquired in 2022. This could lead to significant changes in the Mexican-American fast food landscape.
These closures reflect broader trends within the fast-food industry, as companies grapple with changing consumer habits and economic pressures. Many chains are focusing on efficiency, technology investments, and strategic growth to remain competitive. While some brands, like Jack in the Box, are consolidating, others are expanding into new markets and introducing innovative menu items.
Despite the closures, Jack in the Box is also experiencing growth, with new restaurants recently opening in Michigan, Georgia, and Illinois. The company continues to invest in its digital strategy, suggesting a focus on modernization and expansion alongside its cost-cutting measures. Customers concerned about the fate of their local Jack in the Box are advised to watch for signs such as reduced hours, outdated interiors, and low customer traffic.
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- Jack in the Box To Close 120 Locations in 2025 (Is Yours One?) (financebuzz.com)