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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
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To: Puppage
Best burgers in the fast food world.

HAHA! No.
21 posted on 10/29/2026 10:49:47 AM PDT by Hoboto (I blame Hippies.)
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To: Migraine

All of the SmashBurgers around my area have closed. I thought the entire chain was gone.


22 posted on 10/29/2026 10:50:48 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

Dave Thomas must be crying.

He built a great business and others just drove it into the ground.


23 posted on 10/29/2026 10:51:34 AM PDT by Fury
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To: Sacajaweau

I remember going there a few years ago and asking for a small Frosty and getting the equivalent of a small Dixie cup! I was shocked.

My Japanese stepdaughter favors Wendy’s. They have an affiliated company in Japan (Wendy’s First Kitchen) but she says it’s not nearly as good as in the US. Of course she said this three years ago when here last.


24 posted on 10/29/2026 10:55:19 AM PDT by Fury
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To: Disambiguator

Or the locals can’t afford to eat out.

Or don’t think there’s value for money.

I rarely see lines at any of our fast food joints anymore, including at peak times.


25 posted on 10/29/2026 10:55:30 AM PDT by mewzilla (Swing away, Mr. President, swing away! 🇺🇸 🏴󠁧󠁢󠁥󠁮󠁧󠁿)
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To: Red Badger

Makes you wonder how Five Guys stays open as their prices are pretty high. But good burgers (to me).


26 posted on 10/29/2026 10:56:20 AM PDT by Fury
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To: Fury

“He built a great business and others just drove it into the ground.”

Yes. And, IIRC, when he died his daughter Wendy took over. People who worked with her said he was a bitch on wheels. That was so long ago that her personality probably had nothing to do with the current failure, but I thought it was interesting. Dave T seemed like a real sweetheart, and she wasn’t. (Most likely a spoiled brat.)


27 posted on 10/29/2026 10:56:30 AM PDT by MayflowerMadam (In the end, we will remember not the words of our enemies, but the silence of our friends.)
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To: Robert DeLong

Wendy’s has been trying the self-serve kiosks in a few of their stores. I tried the one near me, created the order, paid with my bank card, and the order glitched and was lost. The black b**ch manager said she couldn’t do anything about it. I was out the money, until I contested the charge to my bank.

Won’t ever go back.


28 posted on 10/29/2026 10:56:34 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

There’s a Wendy’s close to me and I love them mainly because you could substitute a baked potato for fries. They recently stopped allowing that so I stopped going.


29 posted on 10/29/2026 10:58:43 AM PDT by Gay State Conservative (Import The Third World,Become The Third World)
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To: MayflowerMadam

I recommend his autobiography. His stories about Harland Sanders are great.


30 posted on 10/29/2026 10:58:44 AM PDT by Fury
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To: Red Badger

A good burger needs some seasoning as it cooks. At the very least a little salt and pepper. Wendy’s for some reason doesn’t season their burgers and they come out tasting very bland. I’ve asked them to salt and pepper as they cook it and they’ve refused to. They just gave me some salt and pepper in little packages. The burgers could be fairly good but since they won’t season them they aren’t.


31 posted on 10/29/2026 10:58:50 AM PDT by Bullish (My tagline ran off with another man, but it's okay... I wasn't married to it.)
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To: Red Badger

Beef prices have to be hurting traffic. Smart move would be to branch out to chicken, test new recipes, launch aggressive marketing promotions.


32 posted on 10/29/2026 10:59:10 AM PDT by Zhang Fei (My dad had a Delta 88. That was a car. It was like driving your living room)
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To: Red Badger

Beef prices have to be hurting traffic. Smart move would be to branch out to chicken, test new recipes, launch aggressive marketing promotions.


33 posted on 10/29/2026 10:59:12 AM PDT by Zhang Fei (My dad had a Delta 88. That was a car. It was like driving your living room)
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To: Red Badger

Here in SW Pennsylvania there is a Wendys in a small town next to me. It is always busy and a pain in the a$$ to get out of the parking lot.


34 posted on 10/29/2026 11:00:17 AM PDT by 4yearlurker
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To: Red Badger

35 posted on 10/29/2026 11:00:50 AM PDT by Magnum44 (...against all enemies, foreign and domestic... )
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To: Red Badger

Never liked Wendy’s.


36 posted on 10/29/2026 11:01:29 AM PDT by Steely Tom ([Voter Fraud] == [Civil War])
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To: Red Badger
There was something especially wholesome and charming about Dave. When he died, a lot of that image died with him.

Dave Thomas

37 posted on 10/29/2026 11:02:11 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: ComputerGuy
I always thought they were a little pricey.

The Dave's Single for $3.99 (1/4 pound beef) compares favorably with comparable burgers in the fast food universe.

Drinks are free for 60+, which saves oldsters like me an extra couple of bucks.
38 posted on 10/29/2026 11:03:13 AM PDT by Dr. Sivana ("Whatsoever he shall say to you, do ye." (John 2:5))
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To: Robert DeLong
But then all fast food burgers didn't taste the same. Perhaps it was just that my taste buds had changed?

No. Wendy's publicly and explicitly changed its burger years ago. Burger King and McDonalds are dryer now, and that cannot be attributed to taste buds. You live long enough, everything changes. Fruity Pebbles and Special K are VISIBLY different.
39 posted on 10/29/2026 11:06:16 AM PDT by Dr. Sivana ("Whatsoever he shall say to you, do ye." (John 2:5))
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To: Red Badger
The nearest Wendy's to me is 4 miles away, and on an intersection with difficult access to the roads. The next closest Wendy's is 6 miles away. Plus, I have to go through the intersection at I-45 to get there. No thanks.

There is a Whataburger that is 2.5 miles away, and that's where I go.

-PJ

40 posted on 10/29/2026 11:07:38 AM PDT by Political Junkie Too ( * LAAP = Left-wing Activist Agitprop Press (formerly known as the MSM))
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