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.

  • commie@lemmy.dbzer0.com
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    3 days ago

    The purpose of any economic system is to allocate scarce resources among humans who have effectively unlimited desires.

    citation needed