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Burger King to close up to 400 locations in 2023
Food Collapse ^ | 5/5/23 | Ramon Tomey

Posted on 05/13/2023 3:23:42 PM PDT by Roman_War_Criminal

Fast food chain Burger King is set to close up to 400 locations across the country this year, with the under-performing ones being the first to go.

According to the Daily Mail, Burger King CEO Joshua Kobza confirmed the closures after the company announced its results for the first quarter of 2023. The earnings release noted that from the start of the year until March, Burger King closed 124 locations – leaving 6,964 restaurants still operating. This is a historic high, said Kobza, as the fast food chain usually closes a couple of hundred stores annually.

However, the CEO clarified that not all of the 300 to 400 locations set to close this year have been revealed. He also admitted that there is “a fair degree of uncertainty” around the plans. Sales performance can vary greatly between Burger King locations; one poorly-performing location could see things turn out in its favor the next month.

The company is seeking additional franchisees with stronger finances this year, according to Burger King Chairman Patrick Doyle. He also hinted at the possibility of under-performing franchisees being axed.

(Excerpt) Read more at foodcollapse.com ...


TOPICS: Business/Economy; Conspiracy; Food; Society
KEYWORDS: burgerking; closures; fastfood; financialcollapse; food; foodsupply
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1 posted on 05/13/2023 3:23:42 PM PDT by Roman_War_Criminal
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To: Roman_War_Criminal

Video from Brighteon:

https://www.brighteon.com/317d3d19-6f3c-40b4-b82c-8131243035b7


2 posted on 05/13/2023 3:24:07 PM PDT by Roman_War_Criminal (Jesus + Something = Nothing ; Jesus + Nothing = Everything )
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To: Roman_War_Criminal

3 posted on 05/13/2023 3:24:36 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: Roman_War_Criminal

Whoppers are too expensive.

I’ve stopped stoppin’.


4 posted on 05/13/2023 3:27:21 PM PDT by Paladin2
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To: Roman_War_Criminal
My guess?

A combination of too few good workers in the available pool coupled with a sky-high minimum wage and along with inflated costs of food by-products (just kidding) and poor availability of many items.

5 posted on 05/13/2023 3:28:26 PM PDT by Seaplaner (Never give in. Never give in. Never, never, never...in nothing, great or small...Winston Churchill)
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To: Paladin2

I don’t like the black stripes painted on the patties.


6 posted on 05/13/2023 3:28:33 PM PDT by crusty old prospector
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To: Roman_War_Criminal

Noticed the one right down the street from me closed a few weeks ago. Haven’t eaten at one in years.


7 posted on 05/13/2023 3:29:08 PM PDT by MTBobcat (The “rank-and-file” are as corrupted as their leadership.)
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To: Roman_War_Criminal

A good popular product in its class. But some of the new inflated prices are just too d… high for many people who have enjoyed patronizing them in the past


8 posted on 05/13/2023 3:29:36 PM PDT by faithhopecharity (“Politicians are not born. They're excreted.” Marcus Tillius Cicero (106 to 43 BCE))
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To: crusty old prospector

And I don’t like the pride burgers


9 posted on 05/13/2023 3:31:31 PM PDT by Persevero (You cannot comply your way out of tyranny. )
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To: Roman_War_Criminal

They shut down ours over two years ago. And this is a college town and the shop was 4 blocks from the school campus.


10 posted on 05/13/2023 3:32:31 PM PDT by RetiredArmy (The Bible speaks truth! Don't believe it, you do so at your own peril. You'd better be right!!)
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To: Paladin2

I won’t miss em cuz the food sucks


11 posted on 05/13/2023 3:33:03 PM PDT by bigbob (Q)
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To: Roman_War_Criminal

The crazy deal of Omaha Steak hamburgers from aged steak cuts offerings are cheaper.

The world has gone crazy.

I still enjoy not eating the bugs of
Jao and the WEF.

[FMCDH]


12 posted on 05/13/2023 3:33:34 PM PDT by Paladin2
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To: Roman_War_Criminal

How many of these are in a high crime libtard run city? Will we hear about “burger deserts”?


13 posted on 05/13/2023 3:34:13 PM PDT by dynachrome (“We cannot save Ukraine by dooming the US economy.” Rand Paul)
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To: Persevero

I almost lived on Burger King in college, so I would eat at one a couple times a year just to reminisce. I haven’t eaten at one since they released the rainbow whopper.


14 posted on 05/13/2023 3:39:31 PM PDT by Yogafist (Voting rino is voting for the managed decline of America.)
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To: Seaplaner

And BK is woker than woke.

I won’t go there with coupon


15 posted on 05/13/2023 3:39:52 PM PDT by Fai Mao (Starve the beast and steal its food!)
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To: Roman_War_Criminal

Build back better.


16 posted on 05/13/2023 3:39:53 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: bigbob

As I drive along the Interstates on occasion I enjoy getting some glutens, lettuce, tomatoes and beef.

YMMV


17 posted on 05/13/2023 3:40:02 PM PDT by Paladin2
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To: Roman_War_Criminal

“We need to close 400 stores.”

“Have it your way.”


18 posted on 05/13/2023 3:44:10 PM PDT by TBP (Decent people cannot fathom the amoral cruelty of the Biden regime.)
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To: faithhopecharity

Inflation is surely not helping. I know in my area we lost a Wendy’s and a couple other smaller fast foods due to depending only on drive-thru because they cannot find enough workers to be able to open up 100%. Wendy’s here finally closed its doors due to labor shortage (at $18 an hour to start!)

Burger King down the street has on their sign “Now hiring 15 and 16 year olds”.

Places are having to close because of staffing issues. If you cannot open 100%, you cannot make the money.


19 posted on 05/13/2023 3:46:02 PM PDT by tsowellfan
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To: Fai Mao
About 30 years ago, I was in line at a BK (Portland airport, IIRC) and we could see the burgers being cooked.

The cooks wore sanitary gloves, nice touch.

And we in line watched with heightened amazement as one of the gloved burger cooks stuck a finger in his ear, approvingly examined the wax (or whatever icky stuff) on his finger, wiped the hand clumsily on his apron, and went back to assembling hamburgers.

I left the line, never again to return to a Burger King.

I can't imagine being that hungry.

20 posted on 05/13/2023 3:49:37 PM PDT by Seaplaner (Never give in. Never give in. Never, never, never...in nothing, great or small...Winston Churchill)
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