rillr
About Guidelines Privacy Terms Log in Join Rillr
← Business
www.fastcompany.com · Oct 9

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 314 Wendy’s restaurants. After shutting down 10 restaurants over the last two weekends, the franchisee has slated another 10 stores to be closed today, court documents reveal. But The Wendy’s Company is not happy with the stores that are being marked for closure, lawyers for the burger giant told the court this week. In a docket filed on Wednesday, Wendy’s said it tried to engage with Meritage to avoid the permanent closure of some restaurants on the list—proposing to swap them out with locations that it deemed more suitable for closure—but the franchisee rejected the offer. Wendy’s even offered to cover any losses that Meritage might incur from the swap process, the filing says, but Meritage still refused. Worse still, it offered no reason for the rejection. “[The] refusal falls outside …

Visit article ↗ ▲ 0 💬 0
Discussion

0 comments

No comments yet. Start the discussion.