#7: Wendy’s
How Many Stores Closing: ~300
Current Value of the Business: ~$1.5 billion*
Wendy’s plans to close approximately 300 underperforming restaurant locations as part of a broader effort to modernize its footprint through 2026. The closures primarily affect older, lower-volume stores, many of which do not align with the company’s newer prototype and drive-thru–focused strategy.

The fast-food chain says it is shifting investment toward digital ordering, delivery partnerships, and newly built restaurants with improved layouts. Wendy’s leadership has emphasized that the closures are meant to strengthen long-term profitability while accelerating growth in higher-performing domestic and international markets.
