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Major Fast-Food Chain Faces Wave of Restaurant Closures as Franchise Giant Files for Bankruptcy
thelibertydaily.com ^ | October 29, 2026 | Tyler Durden, Zero Hedge

Posted on 10/29/2026 10:24:47 AM PDT by Red Badger

Wendy’s could see up to 60 more restaurants closed across the United States through mid-November as one of its largest franchise operators battles bankruptcy, according to USA Today.

Meritage Hospitality Group, which filed for Chapter 11 bankruptcy protection on September 17, has already shuttered 33 restaurants since entering bankruptcy proceedings and could reportedly shut down dozens more by November 13.

Meritage previously closed 60 underperforming locations before filing for bankruptcy. Reports differ on whether the 33 closures since the filing count toward the up-to-60 figure, so the total could reach roughly 120 or more.

The restaurant company operated 314 Wendy’s restaurants across 15 states when it filed for bankruptcy.

Meritage reported a $31.5 million net loss in 2025, followed by another $23.1 million loss during the first half of 2026, according to QSR Magazine.

The franchisee blamed weak sales, aggressive discounting and what it described as less effective Wendy’s marketing under the chain’s previous leadership. The financial pressures have been compounded by stubbornly high beef prices, which the Trump administration has struggled to bring down despite aggressive efforts to boost imports.

In February, President Donald Trump authorized an additional 80,000 metric tons of tariff-free beef imports from Argentina. Moreover, the White House in August allowed another 300,000 metric tons of foreign beef trimmings into the country at reduced tariff rates in hopes of lowering hamburger prices. However, the measures have delivered little relief so far. Ground beef prices have climbed over 22% since Trump returned to office.

Meritage’s bankruptcy has also triggered a bitter financial dispute between the restaurant company and Wendy’s, with the fast-food chain claiming the operator owes approximately $147 million in royalties, fees and other contractual charges.

The latest development has only made Wendy’s already difficult few years go from bad to worse. The burger chain has suffered over 300 net restaurant closures since 2024, including 245 during the first half of 2026, according to NRN.


TOPICS: Business/Economy; Food; Health/Medicine; Society
KEYWORDS:
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1 posted on 10/29/2026 10:24:47 AM PDT by Red Badger
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To: Red Badger

We lost two of our three WENDY’S OVER THE SUMMER................


2 posted on 10/29/2026 10:25:52 AM PDT by Red Badger (Iryna Zarutska, May 22, 2002 Kyiv, Ukraine – August 22, 2025 Charlotte, North Carolina Say her name)
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To: Red Badger

Best burgers in the fast food world.


3 posted on 10/29/2026 10:28:59 AM PDT by Puppage (You may disagree with what I have to say, but I shall defend to your death my right to says it.)
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To: Red Badger

I always thought they were a little pricey.


4 posted on 10/29/2026 10:29:08 AM PDT by ComputerGuy
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To: Red Badger

Hot and Juicy


5 posted on 10/29/2026 10:30:23 AM PDT by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you. )
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To: Red Badger
Wendy's was so good when the father ran it. But it ran aground under Wendy herself. I tried it several years back after having moved away from it because I no longer lived where one was colse by. It tasted nothing like the original at all. I never went back. But then all fast food burgers didn't taste the same. Perhaps it was just that my taste buds had changed?

So, I am not surprised at this news to be honest.

6 posted on 10/29/2026 10:31:09 AM PDT by Robert DeLong
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To: Puppage

Nah. In-N-Out burgers are better by far. Do like their fries, though.


7 posted on 10/29/2026 10:34:03 AM PDT by Spacetrucker
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To: Red Badger

Fast food has to be a tough business, given how many outlets of various brands compete for the same customers. Drive down an ordinary commercial block, see about six different ones, sometimes right next to each other. Idk how any of them make a profit.


8 posted on 10/29/2026 10:34:20 AM PDT by hinckley buzzard ( Resist the narrative. )
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To: Puppage
Best burgers in the fast food world.

This.

I suspect a lot of their restaurants are in locations where the demographic shifted. Years ago they took over a lot of Roy Rogers and Arby's locations that were already in trouble.

9 posted on 10/29/2026 10:34:56 AM PDT by T.B. Yoits
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To: Red Badger

I was sick for 3 days after eating a salad at Wendys, I assume it was salmonella.


10 posted on 10/29/2026 10:39:37 AM PDT by Fresh Wind (AI to humans..."You misunderstand. I am the master.")
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To: Red Badger

When these restaurants are forced to pay $20/hr for someone to flip a burger where do we think prices will go? This is a result of “living” wages that liberals demanded. In the past, a person got 2 jobs or maybe 3 because working at a burger joint does not buy you a home in Malibu.


11 posted on 10/29/2026 10:41:20 AM PDT by Son-Joshua ( )
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To: Red Badger

Over-expansion leads to a loss of quality, overall control and decline. Would not have happened during Dave Thomas’ tenure.


12 posted on 10/29/2026 10:41:48 AM PDT by allendale
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To: T.B. Yoits

So you’re saying the locals now favor places like McDonald’s, Popeye’s, and KFC? That would explain things on multiple levels.


13 posted on 10/29/2026 10:42:22 AM PDT by Disambiguator
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To: Red Badger

I use to like their burgers and spicy chicken sandwich.

However locally, their stores have been run down looking and dirty inside for quite some time. Staff almost hostile or incompetent.

Stopped going there years ago.

They don’t have burgers. But Chick-Fil-A is my primary fast food choice. Always clean, friendly and have never gotten one of my orders wrong.

Many other fast food chains should be paying attention.


14 posted on 10/29/2026 10:42:35 AM PDT by sjmjax
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To: Spacetrucker

SmashBurger rocks my socks.


15 posted on 10/29/2026 10:43:20 AM PDT by Migraine
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To: Red Badger

Wendy’s, Carl’s, Burger King, etc. are over-saturated in the fast food market. Tastes change with more and more people opting for Mexican restaurants.


16 posted on 10/29/2026 10:44:42 AM PDT by rexthecat
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To: Spacetrucker; All

Yes, In & Out and Culvers are very good burgers IMO. Best burger I’ve ever had is Tanners in Oceanside, California.


17 posted on 10/29/2026 10:44:43 AM PDT by PGalt (Past Peak Civilization?)
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To: Red Badger
It was great in the early years. Best chili in town. I think I remember that it was all Australian beef.

Now it's way overpriced. They can take ours...we're getting an Olive Garden.

18 posted on 10/29/2026 10:48:40 AM PDT by Sacajaweau
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To: Red Badger

Wendy’s food and service has gone completely to pot. Their restaurants are hollow shells of their previous stores.

It’s to the point that I won’t order from one which employs young black workers. They cannot be trusted with the food I will eat. Incompetent and oftentimes malicious with desecrating the food for kicks. There have been many recent examples.


19 posted on 10/29/2026 10:49:08 AM PDT by fwdude (Why is there a "far/radical right," but damned if they'll admit that there is a far/radical left)
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To: Red Badger

It’s been over 40 years since I had to do it, but I think it was:

White, red, green
White, red, yellow


20 posted on 10/29/2026 10:49:39 AM PDT by Made In The USA (One and Two and Three and Four and)
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