Yum Brands' filings confirm the chain shuttered hundreds of U.S. locations while expanding overseas.
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Fast food is failing in 2026 as chains close hundreds of locations
The fast food and casual dining industry is in the middle of its worst structural correction since the pandemic.
The popular fast-food chain closed over 700 locations and now has 375 remaining.
Several restaurant chains, including Wendy's, Papa John's, and Pizza Hut, have announced plans to close locations this year.
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Sometimes, a business has to get smaller in order to grow, or at least that's what executives, including Wendy's CFO Ken Cook, say when they explain why they're closing locations. "We're focused on ...
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