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A large Wendy's franchisee going through bankruptcy proceedings plans to shutter 10 additional restaurant locations this weekend. Wendy's corporate has objected to the specific stores chosen for closure and attempted to intervene in the legal process, but the closures appear set to proceed regardless.
Despite Ace Hardware's overall record-breaking expansion, a number of longstanding locations are set to close permanently in 2026. The closures highlight the uneven landscape faced by independently operated stores within the chain. The updated list of affected stores has been released, marking a significant shift for the company's retail footprint.
Meritage Hospitality Group, one of Wendy's largest franchisees, closed another round of restaurants on Friday, marking the second consecutive weekend of permanent shutdowns. The closures follow the company's Chapter 11 bankruptcy filing as it works to restructure its operations.
An amended franchise disclosure document from Checkers Drive-In Restaurants shows the Checkers and Rally's burger chains have seen a net decline in store locations. The filing details where closures have been concentrated as the chains' overall U.S. footprint shrinks.
T.J. Maxx, owned by TJX Companies, is closing a small number of longtime store locations, including two notable ones already shuttered this year. The closures come even as the parent company continues to pursue overall growth and open new stores elsewhere.
A data structures exercise to evaluate arithmetic expressions like 1+1+1 using a binary tree led one developer to build a full evaluator in C. The project expanded to include closures, a garbage collector, a custom memory allocator, a REPL, and a foreign function interface, dubbed graphLang. The author generalized arithmetic operators into a single function-application abstraction rather than separate cases for Add, Sub, Mul, and Div.
Starbucks confirmed last week it is closing about 250 stores across North America, roughly 1% of its 18,000 locations in the region. As of Monday, the affected locations are showing as closed on Google and in the company's own store locator tool.
A large Wendy's franchisee that filed for Chapter 11 bankruptcy protection earlier this month has disclosed in new court filings that it could close as many as 30 restaurants in the coming weeks. Five specific locations slated for closure have already been identified as part of a cash collateral agreement tied to the bankruptcy proceedings.
Novo Nordisk this week detailed plans to diversify its business beyond its blockbuster obesity and diabetes treatments, according to CNBC reporting. The move comes as the Danish drugmaker faces intensifying competition from Eli Lilly in the weight-loss drug market.
Cato Fashions, a women's apparel chain competing with TJ Maxx and Ross, announced it will close 120 stores this year, more than it had previously planned. The company said it does not expect these underperforming locations to improve.
Starbucks Coffee Company announced it will close about 250 stores across North America this week. The company said the closures target locations where financial performance or the in-store customer experience fell short of expectations.
An amended franchise disclosure document shows TGI Fridays has shuttered nine additional restaurants in the United States this year. The closures continue a downsizing trend that began after the casual dining chain filed for Chapter 11 bankruptcy protection in late 2024.