BREAKING NEWS đš
Wendy's files for Chapter 11 bankruptcy amid a sharp sales slump đ.
The chain posted six straight quarters of sameâstore sales drops. Shares are down about 80% from the peak. Analysts warn the filing could ripple across the franchising sector. Creditors and franchisees now face an uncertain recovery.
The bankruptcy signals a stark shift for a onceâdominant fastâfood brand.
$G, $F, $AKE
Wendy's files for Chapter 11 bankruptcy amid a sharp sales slump đ.
The chain posted six straight quarters of sameâstore sales drops. Shares are down about 80% from the peak. Analysts warn the filing could ripple across the franchising sector. Creditors and franchisees now face an uncertain recovery.
The bankruptcy signals a stark shift for a onceâdominant fastâfood brand.
$G, $F, $AKE
