Wendy’s closing up to 350 restaurants by end of the year
Share this @internewscast.com


Up to 350 Wendy’s outlets may close by year-end, following a wave of closures announced last year.

Interim CEO Ken Cook noted on Friday, as per CNN, that the initial focus will be on “consistently underperforming” branches. This move aims to “enhance sales and profitability at nearby locations.”

According to the outlet, between 200 to 350 locations are expected to be shut down after Cook mentioned that a “mid single-digit percentage” of the fast-food chain’s 6,000 U.S. restaurants would be affected.

Details about which specific locations will close and the number of jobs impacted remain unclear. The Daily News has contacted Wendy’s for further insights, including whether nearby outlets might absorb any displaced employees.

The decision to close these struggling sites coincides with Wendy’s latest quarterly report showing another period of negative earnings. Cook stated that this would allow franchisees to allocate more resources to their remaining restaurants.

With the holiday season approaching, Wendy’s appears to be tightening its belt, moving away from being the perennial crowd-pleaser.

At this same time last year, Wendy’s then-CEO Kirk Tanner announced the company would close 140 “outdated” and “underperforming” locations, following “a robust review of individual restaurants to ensure they meet our expectations for sales, have the profitability to fuel growth and deliver the Wendy’s brand experience for customers.”

At the time, CNN Business reported that Wendy’s intended to build about 250 to 300 more modern locations.

News of the November 2024 closures came roughly six months after 100 other closings were announced.

Share this @internewscast.com
You May Also Like
Body of Israeli hostage who 'fought heroically' to defend community during Oct 7 massacre is returned: IDF

Heroic Israeli Hostage’s Body Returned After Brave Stand in October 7 Tragedy

The remains of an Israeli hostage, praised by supporters for his “heroic…
GoFundMe pulls fundraisers for felon accused of killing commuter in random Charlotte train attack

Joe Rogan and Elon Musk Criticize Urban Justice System Amid Charlotte Train Murder Case Involving Repeat Offender

In a recent episode of “The Joe Rogan Experience,” popular podcaster Joe…
Man dies at Grand Canyon after slipping over edge, falling more than 100 feet, sheriff's office says

Tragic Accident: Man Falls Over 100 Feet to His Death at Grand Canyon, Authorities Report

A tragic incident unfolded this week at the Grand Canyon, where a…
Senate holds rare Saturday session aimed at ending shutdown

Urgent Senate Session: Will This Weekend Move Finally End the Government Shutdown?

Senator Lindsey Graham, a Republican from South Carolina and a staunch supporter…
Illinois SNAP recipients receive partial benefits before funding order blocked by Supreme Court Justice Jackson

Supreme Court Justice Jackson Halts Full Illinois SNAP Benefits: What You Need to Know

In a significant development, U.S. Supreme Court Justice Ketanji Brown Jackson has…
UN under fire as USAID investigators probe Hamas diversion of aid to Gaza

UN Scrutinized: USAID Investigates Alleged Hamas Misappropriation of Gaza Aid

As the truce between Israel and Hamas unfolds, the USAID Office of…
Exclusive -- Whip Tom Emmer: Trump 'Trying to Find Ways' for SNAP to Be Allocated

Exclusive: Whip Tom Emmer Reveals Trump’s Strategy for SNAP Allocation

The Trump administration is actively seeking solutions to ensure Supplemental Nutrition Assistance…
Voters’ anger over high electricity bills and data centers loom over 2026 midterms

Rising Electricity Costs and Data Center Concerns Set to Influence 2026 Midterm Elections

Voter frustration over rising living costs is steering the conversation towards next…
4 dead, 11 injured after police chase ends in crash in Ybor City, TPD says

Tragic Ybor City Crash: Police Chase Ends with 4 Dead, 11 Injured in Devastating Accident

The Tampa Police Department has reported the arrest of 22-year-old Silas Sampson,…
Teen saw ‘devil in disguise’ John Wayne Gacy before her friend disappeared forever

Teen Encounters John Wayne Gacy, Infamous ‘Devil in Disguise,’ Prior to Friend’s Disappearance

Kim Byers vividly remembers the unsettling encounter with a peculiar contractor at…
Body of College of Charleston student Owen Tillman Kenney found

Remains of College of Charleston Student Owen Tillman Kenney Discovered

The tragic story of Owen Tillman Kenney, a 19-year-old College of Charleston…
Israel warns Hezbollah ‘playing with fire,’ presses Lebanon to act on weapons pledge

Israel Cautions Hezbollah on Escalating Tensions, Urges Lebanon to Honor Weapons Agreement

In light of Hezbollah’s ongoing military build-up and Lebanon’s alleged non-compliance with…