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Wendy’s to close hundreds of restaurants as struggling customers cut back on dining out (www.independent.co.uk)

submitted 1 week ago by MicroWave@lemmy.world to c/economics@lemmy.world

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Wendy’s is set to close hundreds of restaurants as customers struggling financially cut back on dining out.

Interim CEO Ken Cook announced on an earnings call Friday that the fast food chain will close a “mid single-digit percentage” of locations. With about 6,000 restaurants, Wendy’s could shutter between 200 to 350 locations.

Cook said some restaurants are expected to close as early as later this year, and locations will continue to shutter in 2026.

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[–] switcheroo@lemmy.world 22 points 1 week ago

Have they SEEN the prices in their restaurants??? Who the fuck wants to pay eight to nine dollars for a salad (especially when that salad is now much smaller than it was six months ago... I fucking saw that Wendy's and will not be ordering again).