Wendys Closing Stores 2025. “we want to further improve our restaurant footprint and overall system health,” wendy’s president and ceo kirk. And red lobster filed for bankruptcy protection in may after closing dozens of stores.
A popular restaurant chain is poised to shut down 140 outdated stores in underperforming areas in a bid to strengthen profit forecasts. Will be closing additional restaurants, accelerating planned closures from 2025 into this year, executives said thursday.