65-year-old burger chain’s franchisee closes dozens of locations
Yahoo Finance·2025-12-22 19:47
The fast-food burger sector has faced competitive challenges this year, which has led to several chain operators closing restaurant locations. Economic issues such as low profit margins, decreased sales, and high operating costs are driving restaurant chains to close underperforming locations to improve their financial health. Wendy's will close 300 locations Wendy's in November revealed that it will close about 300 underperforming locations by the end of this year. Another major burger chain, Hardee' ...