Wendy's will close 140 underperforming U.S. restaurants while opening new locations by 2024.

Wendy's plans to close 140 underperforming restaurants in the U.S. as part of a strategy to enhance its brand and operations. CEO Kirk Tanner noted these locations have financial performance below the company average. This follows an earlier announcement to close 100 locations. Despite the closures, Wendy's will open an equal number of new restaurants in better-performing areas and aims to launch 250 to 300 new locations with updated designs by 2024.

October 31, 2024
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