10 more Wendy’s stores could close this weekend, even though the fast food chain tried to save them. See the list
The legal feud between Wendy’s and one of its largest franchisees got particularly frosty this week after the fast food giant tried to intervene in a round of store closures that are planned for this weekend. Meritage Hospitality Group, a franchisee that filed for Chapter 11 bankruptcy protection last month, is in the process of closing at least 30 locations, roughly 10% of its sprawling fleet of…
Wendy's, the fast food chain, is set to close 10 more of its stores this weekend despite previous attempts to save them. The legal battle between Wendy's and one of its largest franchisees, Meritage Hospitality Group, has escalated. Meritage, which filed for Chapter 11 bankruptcy protection last month, plans to close 30 locations, roughly 10% of its 314 Wendy's restaurants.
The chain has already shut down 10 stores over the past two weekends. Wendy's has offered to swap some of the stores for more suitable ones and cover any losses, but Meritage has rejected these offers. The disagreement highlights the strained relationship between Wendy's and Meritage, with the former considering the latter as a 'former' franchisee.
The impacted stores are located in Michigan, Georgia, Florida, and Oklahoma, with reasons for closure yet to be disclosed. As of now, the stores still appear open, but if past patterns hold, they may close quickly.
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