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Burger giant Wendy's signs deal to open 200 Australian stores by 2034
(www.9news.com.au)
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this post was submitted on 10 Aug 2023
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Naming rights aside, I doubt another shitty burger chain will see success in Aus. If you want a shitty burger, we got that covered in almost every town and suburb. Aussie typically want higher quality fast food.
I'm waiting for the inevitable Carl's Jr implosion, no way those restaurants are sustainable businesses.
You don't even need to look at Carl's Jr. Just look at taco Bell I've walked past it and am convinced it's used as either money laundering or a tax write off. There's never anyone there.
You're kind of not wrong. Collins Foods have just written of a $36.7 million impairment against the Taco Bell business, with Taco Bell stores posting a same-store sales decline of 4.8 per cent for the year.
https://www.smh.com.au/business/companies/taco-bell-troubles-offset-kfc-boost-for-fast-food-operator-20230627-p5djpr.html