Wendy's Announces Closure of 140 Underperforming Restaurants Amid Expansion Plans

Wendy's to close 140 more U.S. locations, adding to previous closures, while planning to open up to 300 new restaurants this year.

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Wendy's closing 140 more restaurants as part of push to update its locations

ABC News

Iconic Fast-Food Chain Wendy’s To Close 140 Restaurants

Daily Caller

Wendy's is closing another 140 'outdated' stores as it looks to build out new higher-tech locations

Business Insider

Wendy's to close 140 more restaurants by end of year to offset openings in new locations

CBS News

Wendy's closing 140 more restaurants as part of push to update its locations

Associated Press

Wendy’s is set to close more than 100 locations by the end of the year

The Independent

Wendy's Closing 140 More Restaurants in Push to Update Its Locations

Newsmax

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Overview

A summary of the key points of this story verified across multiple sources.

Wendy's will close 140 more locations by year-end, in addition to 100 closures announced earlier. CEO Kirk Tanner emphasized these are underperforming sites. The company plans to open 250-300 new restaurants this year, focusing on enhancing customer experience and profitability. Despite the closures, the strategy aims to adjust the brand's portfolio for long-term growth amid challenging economic conditions. Wendy's had over 7,292 locations, primarily in the U.S., and is responding to minimal sales growth as consumers resist rising prices.

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