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

submitted 2 weeks 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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[–] shalafi@lemmy.world 3 points 2 weeks ago* (last edited 2 weeks ago)

Cookware is all but free in America. Spend a Saturday hitting garage sales as they close down and people are giving stuff away. Wife toted a load home last week, $.25 an item or free, couple of things were $1.

Had a couple of toaster ovens at the flea market, one labelled FREE, no one even looked at them.