Fury as Wendy's takes drastic action on 140 'outdated' restaurants

A staple American accelerated nutrient concatenation is acceptable to adjacent 140 of its locations earlier Christmas. 

Wendy's announced that it volition beryllium shuttering a fig of 'outdated' and 'underperforming' locations successful the adjacent 2 months. 

The chain, known for its burgers and Frosty desserts, has not yet provided a database of the restaurants acceptable to close.

Wendy's CEO Kirk Tanner said the determination to adjacent underperforming locations came arsenic a effect of the company's anemic fiscal performance. 

The company's 3rd 4th results were 'well beneath the strategy average,' Tanner said connected an net telephone connected Thursday. 

Wendy's 'conducted a robust reappraisal of idiosyncratic restaurants to guarantee they conscionable our expectations for sales, person the profitability to substance growth, and present the Wendy's marque acquisition for customers,' helium told investors. 

Adding: 'Overall, Wendy's strategy is incredibly healthy.' 

Some Wendy's fans were near outraged astatine the anticipation that their section edifice mightiness look the chop - and complained that they preferred aged locations to caller ones. 

'They're the lone bully ones left. The caller ones are horrendous; particularly successful LA,' 1 wrote connected X.  

'Is anyone paying attraction to what's coming? Seems similar each week we perceive astir stores closing,' different added. 

It comes aft Wendy's announced 100 locations closures backmost successful May. 

Although the quality of stores shutting has upset immoderate customers, Tanner said the institution volition unfastened an adjacent fig of caller locations.

The caller locations person besides not been specified - lone that they volition beryllium successful areas that are expected to make amended business. 

Wendy's is gathering astir 250 to 300 caller locations, making usage of caller technological features specified arsenic updated room appliances to marque work much efficient.

It means the chain will support the aforesaid fig of locations - astir 6,000 successful the US. 

It comes arsenic different competitors person besides decided to adjacent locations, arsenic edifice chains proceed to conflict to triumph backmost customers aft years of terms hikes. 

Denny's precocious announced the closure of 150 locations successful an effort to counteract mediocre sales.

The concatenation announced 50 store closures are acceptable to instrumentality spot this twelvemonth and the remaining 100 locations volition beryllium unopen successful 2025.

TGI Friday's besides unopen down astir 50 locations past month, amid reports it is considering bankruptcy owed to mounting debts.