The Financial

Franchisee Wendy’s Japan To Acquire First Kitchen With 136 Restaurants

The FINANCIAL — Wendy’s franchisee in Japan, Wendy’s Japan, has entered into a definitive agreement to acquire 100% of the equity of First Kitchen Ltd. from Suntory Holdings Ltd. The closing of the ...
CNBC

Wendy's to open 700 ghost kitchens by 2025 with start-up Reef

Wendy's announced it will open 700 ghost kitchens across the U.S., U.K. and Canada by 2025 through a partnership with start-up Reef Technology. Ghost kitchens fulfill delivery orders placed through ...
Engadget

Wendy's plans 700 kitchens expressly for food delivery apps

Given how convenient it is to tap a few buttons and have someone bring dinner to your door, food delivery isn't likely to drop in popularity anytime soon. Wendy's is looking to meet surging demand by ...
Business Insider

Wendy's deals a blow to SoftBank-backed Reef as the burger chain cuts ghost-kitchen-expansion plans. 'In the US, we are not yet performing,' Wendy's CFO says.

Wendy's stock tumbled Wednesday after it announced plans to downsize its growth projections by about 500 locations with the struggling ghost-kitchen operator Reef Technology. In August 2021, Wendy's ...