fromBusiness Insider
5 days agoWendy's says as many as 350 US locations will close in the first half of this year
Wendy's US operations are melting like one of the chain's trademark Frosties on a hot summer day. The burger giant said Friday it plans to close as many as 350 US locations amid declining sales and profitability. Full-year, system-wide US sales fell 5.2% in 2025, with same-restaurant sales down 5.6% year over year. "We're executing Project Fresh with urgency to strengthen our foundation and position Wendy's for long-term success," interim CEO Ken Cook said in a statement, referring to the company's turnaround plan.
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