Wendy's announces sweeping closures of hundreds of restaurants across US starting in late 2025. What is the reason behind major shake-up?

Wendy's plans to close hundreds of underperforming U.S. locations by 2026 as part of a turnaround strategy. This move aims to strengthen the system and boost profitability at remaining restaurants. The closures follow a previous shutdown of 140 stores last year, as the chain seeks to reverse declining domestic sales amidst stiff competition.