Wendy's Plans to Close Hundreds of Locations Nationwide
Wendy's announced it will close approximately 300 stores across the United States in the near future. This move follows an earlier announcement of closing 150 stores by late 2024, bringing the total number of closures to over 350 nationwide.
Details from Wendy's Leadership
Interim CEO Ken Cook discussed the closures on a quarterly earnings call held on November 7. He emphasized the intention to retain some locations while closing those that underperform.
"When we look at the system today, we have some restaurants that do not elevate the brand and are a drag from a franchisee financial performance perspective. The goal is to address and fix those restaurants."
Cook also confirmed that the store closures will begin later this year.
Impact on Wendy's in New Jersey
New Jersey currently has 145 Wendy's locations, with many in South Jersey. It remains unclear whether any of these stores are included in the upcoming closures, as Wendy's has not released details about which specific restaurants will be affected.
To find the nearest Wendy's, customers can use the restaurant locator tool available on Wendy's official website.
About the Reporting
Williams, a Philadelphia-based journalist, covers trending news across the Mid-Atlantic region.
Summary
Wendy's is closing over 350 locations nationwide, including an upcoming round starting this year, but has not specified if New Jersey stores are affected.