Major Fast Food Chain Faces Massive Closures in US

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Top news right now - Burger King, the fast food giant, is set to shut down 400 US locations by the end of this year, as it struggles to compete with its rivals, McDonald’s and Chipotle. The closures come amidst the company’s financial crisis, with two large franchisees having filed for bankruptcy, and a failed $400 million turnaround plan called “Reclaim the Flame”. Meanwhile, Burger King has been doing well internationally, with added locations and increased sales. But in America, the situation is dire, and the closures will have a significant impact on the company’s bottom line. Follow Next News for more breaking news.

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Read More: https://www.breitbart.com/economy/2023/05/06/burger-king-plans-close-400-locations-competition/

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