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34°
Friday, jan 3
Tag:
Strategic Market
Business
Wendy’s Begins Closures Of 140 Locations Nationwide
Wendy’s has started planned closures of 140 restaurants across the US. The closures are part of a strategic effort to streamline operations and focus on more profitable locations amid rising operational costs and stiff competition. Wendy’s CEO Kirk Tanner said the restaurant selected for closure are “outdated and located in underperforming areas,” according to CEO Today. The closures are expected to end by year's end. Two Ohio locations were among the first to close, according to the Dayton Daily News. Other locations of scheduled closures have not been released. Customers voiced frustr…