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Wendy’s to Shut 200–350 U.S. Restaurants in Two-Year Turnaround

Leadership says a case-by-case overhaul of weak outlets will free capital for franchise reinvestment.

Overview

  • Closures will start later this year and continue through 2026, with no list of locations released.
  • Roughly a mid–single-digit share of the about 6,000 U.S. restaurants will be targeted for persistent underperformance.
  • Executives expect removing lagging units to lift sales and profitability at nearby stores.
  • Alternatives to closure include operational fixes, technology or equipment upgrades, transfers to new operators, and in some cases adjusted hours.
  • Wendy’s reported a 4.7% drop in U.S. same-store sales for the quarter as rivals gained traction with value offers, while new “Tendys” chicken tenders showed strong early demand.