Up to 130 U.S. Wendy’s restaurants could close in the coming year.
The company said they are not making enough money to warrant being renovated, reported the Columbus Dispatch.
The Dublin-based chain is planning to rebuild or remodel nearly half its 600 company-owned stores by the end of 2015 as part of an effort to modernize its restaurants.
The company has rebuilt 58 of the stores it owns so far, and plans to rebuild or remodel an additional 100 this year and another 100 franchised stores.
Wendy's CEO said the rebuilt stores reported average sales increases of 25 percent.
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