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Wendy's

Financing

Flynn Group buys more Wendy's restaurants

 By Jonathan Maze on Nov. 21, 2024

The San Francisco-based franchisee has acquired 32 locations in Indianapolis and has purchased more than 100 restaurants in the fast-food burger brand.

Leadership

Wendy's names former UPS executive Kenneth Cook CFO

 By Jonathan Maze on Nov. 18, 2024

Gunther Plosch, who has been the fast-food chain’s financial chief since 2016, is leaving the company at the end of the year. It is the latest in a series of executive shakeups at the burger concept.

Financing

Fast-food chains get some big wins, despite a tough consumer environment

By Jonathan Maze on Oct. 31, 2024

The Bottom Line: Wendy’s Krabby Patty Kollab generated strong sales for the chain. McDonald’s got traction with its Chicken Big Mac. Both proved that good marketing can win, even these days.

Financing

Wendy's is closing 140 underperforming restaurants

By Jonathan Maze on Oct. 31, 2024

The fast-food chain plans to close lower-volume, lower-profit restaurants in weak markets by the end of the year. But it has commitments in place from franchisees that will speed development in the coming years.

Financing

McDonald's, Wendy's and Burger King make their case with non-budget diners

By Jonathan Maze on Oct. 08, 2024

The Bottom Line: The three big burger chains, which have been in a value war for the past few months, are all pushing innovative products to win back customers.

Marketing

Wendy's latest collaboration is with SpongeBob SquarePants

By Jonathan Maze on Oct. 02, 2024

The fast-food chain announced a collaboration to celebrate the 25th anniversary of the Nickelodeon program with a “Krabby Patty Kollab” menu.

Marketing

Wendy's is selling its Frosty for $1, and taking shots at McDonald's

By Jonathan Maze on Sep. 25, 2024

Wendy’s is selling its dessert for $1 through the end of the month. But it is also reminding customers of its rival’s longtime problem with broken ice cream machines.

Leadership

Nelson Peltz is stepping aside as Wendy's chairman

By Jonathan Maze on Sep. 06, 2024

The investor, who has chaired the fast-food chain since 2007, was named chairman emeritus as he shifts focus to his other work. Arthur Winkleblack will take over as chairman.

Food

Quick-service chains are turbocharging menu innovation to drive traffic. It’s working

By Patricia Cobe on Aug. 30, 2024

Taco Bell, Wendy’s and Blaze Pizza are pushing new products out of the pipeline at a fast and frequent clip to excite younger guests and bring more of them through the doors.

Financing

Flynn Group acquires 83 more Wendy's units

By Lisa Jennings on Aug. 15, 2024

With the addition of these restaurants in New Jersey and Pennsylvania, Flynn Group now operates 277 Wendy's units amid its 2,800-restaurant multi-brand portfolio.

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