Wendy's news
The gist
Wendy's franchisee Meritage filed for Chapter 11 bankruptcy after Wendy's ended its franchise deal.
The case covers 314 restaurants and 9,000 workers, and tests Wendy's turnaround.
How it unfolded
- 2024Wendy's closed 240 restaurants.
- May 2026Bob Wright joined Wendy's after previously serving as CEO of Potbelly.
- Aug 18, 2026Wendy's franchise agreements with Meritage ended, per Quality Is Our Recipe's objection.