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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 2019, Burger King reported that it planned to close up to 250 low-volume locations per year, with closures coming into effect in 2020. [ 56 ] In February 2021, Burger King began testing a customer loyalty rewards program called "Royal Perks" in Los Angeles, Miami, New York City, New Jersey and Long Island, New York.
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]
Burger King is laying off 424 employees in Michigan this month and next. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 ...
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]
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Carrols Restaurant Group, Inc. is an American franchisee company and is the largest Burger King franchisee in the world; Carrols owns and operates over 1,000+ Burger Kings, and 55 Popeyes restaurants. The company has operated Burger Kings since 1976 in locations across 23 U.S. states. [4]