This week, Wendy’s executives announced in a company earnings call that it is closing 140 more of its underperforming restaurants to make way for new storefronts in higher-performing locations.
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Wendy's is pulling off the Band-Aid. The fast-food chain said Thursday that it will close 140 "outdated" stores in underperforming areas this year, ahead of schedule. Wendy's has 7,000 worldwide ...
Wendy’s president and chief executive officer, Kirk Tanner, described these locations as “outdated” in an earnings call (transcript published by the Motley Fool). Tanner said the decision to ...
The restaurants targeted to close are “outdated and located in underperforming” areas, Wendy’s CEO Kirk Tanner said on an earnings call Thursday, adding that their financial performance are ...
Tanner said that many of the affected locations are outdated and in slower-growth areas, with average yearly sales of about $1 million, below Wendy’s typical performance. When asked during the ...