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Jack in the Box plans to close up to 200 stores to cut debt and improve financial health.
Fast-food chain Jack in the Box plans to close up to 200 underperforming locations by the end of 2025, aiming to improve its financial position and pay off $300 million in debt.
The company is also exploring strategic alternatives for its Del Taco brand, which has struggled with sales declines due to inflation and competition.
Jack in the Box's sales dropped 4.4% in the second quarter, and its stock price has fallen by 57% over the past year.
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Jack in the Box planea cerrar hasta 200 tiendas para reducir la deuda y mejorar la salud financiera.