Close-up of fast-food packaging with Wendy’s logo.Smith Collection/gado | Archive Photos | Getty ImagesMeritage Hospitality, one of Wendy’s largest U.S. franchisees, filed for Chapter 11 bankruptcy…
Wendy’s logo sign is seen in Chicago, Illinois, July 29, 2026.Marcin Golba | Nurphoto | Getty ImagesShares of Wendy’s jumped 13% Wednesday after the Financial Times…
Burger King and Wendy’s signage.Getty ImagesBurger King has overtaken Wendy’s as the second-largest burger chain in the U.S. by systemwide sales, retaking its crown six years…
Coca-Cola on Thursday unveiled a new marketing campaign to boost sales of its soda at restaurants as declining traffic and sluggish sales growth challenge both the…
As the restaurant industry endured another difficult year, many chains opted to close underperforming locations as they try to turn around their businesses.Inflation-weary consumers have pulled…
A rough year for the restaurant industry led many chains to close underperforming locations in 2024, as they try to improve their sales in the years…
Nelson Peltz speaking at the 2019 Delivering Alpha conference in New York on Sept. 19, 2019.Adam Jeffery | CNBCNelson Peltz is stepping down as chair of…
The McDonald’s logo is displayed at a McDonald’s restaurant in Burbank, California, on July 22, 2024.Mario Tama | Getty ImagesSubway started phasing out its $5 footlong…
The drive-thru menu at a McDonald’s restaurant showing various meal options and promotions, in Buttonwillow in Kern County, California, on 23, 2024.Smith Collection | Gado |…