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The popular fast food chain Burger King plans to close up to 400 restaurants before the end of 2023, TODAY.com confirmed. ... Despite the store closures, Burger King U.S. reported sales rose by 8.7%.
Wirestock Creators / ShutterstockBurger King's store count has shrunk significantly in recent years as the burger chain contended with lagging sales and struggling franchisees. But as the chain ...
In the Mexican market, Burger King sold 97 corporate-owned locations to its largest franchisee in that country. The deal means multi-chain operator Alsea S.A.B. de C.V will eventually operate approximately half of Mexico's 400+ Burger King locations while receiving exclusive expansion rights in Mexico for a twenty-year period. [142]
In the Mexican market, Burger King sold 97 corporate-owned locations to its largest franchisee in that country. The deal means multi-chain operator Alsea S.A.B. de C.V will eventually operate approximately half of Mexico's 400+ Burger King locations while receiving exclusive expansion rights in Mexico for a twenty-year period. [43]
2012: Burger King is taken public once again on the NYSE with the symbol BKW. [98] 2014: Burger King merges with Canadian donut/coffee chain Tim Hortons in a deal worth $18 bn/CAD$19.6 bn. [99] [100] 2019: Burger King plans to close up to 250 low-volume locations per year, with closures coming into effect in 2020. [101]
The most recent round of closings comes after a number of other Frisch’s locations were abruptly shut down this past spring due to similar financial issues related to lower foot traffic in ...
A former Red Barn location in Mississauga, Ontario, now a Mr. Sub restaurant. This is a list of defunct fast-food chains. A restaurant chain is a set of related restaurants with the same name in many different locations that are either under shared corporate ownership (e.g., McDonald's in the U.S.) or franchising agreements. Typically, the ...
And one of these was the Florida-based burger chain BurgerFi. After closing 14 locations in 2023, the chain has continued to restructure its restaurant portfolio by shuttering several additional ...