Wendy’s is closing more stores: See a list of doomed locations from a major franchisee in ongoing bankruptcy

A sprawling Wendy’s franchisee that sought Chapter 11 bankruptcy protection earlier this month could close as many as 30 restaurants over the next few weeks as part of a cash collateral agreement, new court filings reveal. Meritage Hospitality Group, which operates 314 Wendy’s locations across 15 states, says it has already identified five unprofitable stores that it planned to shut down and vacate this weekend. In a bankruptcy docket filed late Friday, Meritage said it is seeking to canc...