Wendy's has announced plans to shut down approximately 300 locations across the United States in the coming months. This move follows a previous announcement to close around 150 stores in late 2024, bringing the total planned closures to over 350.
In New Jersey, where Wendy's ranks among the top ten fast-food chains, there are currently 145 Wendy's restaurants, with many situated in South Jersey. It remains unclear how many of these will be affected by the closures, as Wendy's has not released a specific list or identified targeted locations.
"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," said Interim CEO Ken Cook during a November 7 quarterly earnings call. "The goal is to address and fix those restaurants."
Cook also emphasized his intent to preserve as many locations as possible, with the closures expected to begin later this year.
Customers seeking the nearest Wendy’s can utilize the restaurant locator on Wendy’s official website to check for locations in their area.
Williams, a Philadelphia-based journalist, reports on trending Mid-Atlantic topics.
Author's summary: Wendy's plans to close over 300 stores nationwide, including an unspecified number in New Jersey, aiming to eliminate underperforming locations while preserving many others.