Key Metrics
14.7
Heat Index-
Impact LevelMedium
-
Scope LevelNational
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Last Update2025-11-10
Key Impacts
Positive Impacts (1)
Negative Impacts (3)
Event Overview
Corporate strategy to close underperforming restaurants aims to improve overall sales and profitability, allowing for greater investment in remaining units. The decision follows a decline in same-store sales and is part of broader efforts to optimize the chain's performance.
Collect Records
Wendy's to Close 200 to 350 Underperforming U.S. Locations by 2026
Wendy's, led by Interim CEO Ken Cook, plans to close 200 to 350 underperforming U.S. locations starting this year and continuing through 2026. This decision aims to boost sales and profitability at remaining restaurants and allow franchisees to invest more in their existing units. The move follows a disappointing quarter with U.S. same-store sales dropping by 4%. Specific closure locations have not been announced. Wendy's is also seeing positive results from its newly released chicken tenders, called Tendys, with some restaurants selling out even before advertising began.