Financing
Remodels, a pandemic and Brazil led to the bankruptcy of a Wendy's franchisee
Starboard Group, the Wendy’s franchisee that sought debt protection this week, said a number of factors converged that led to the filing, including a failed Brazilian joint venture.
Operations
BurgerFi's 3Q performance is 'unacceptable,' CEO says
The Florida-based company has closed five underperforming restaurants and more may be shuttered. Meanwhile, chicken is coming to the menu to help turn things around.