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Higher costs and wages had hurt the company looking to build back after Covid
Follows separate closure of 26 outlets this month, with 424 staff losing jobs
By JAMES REYNOLDS
PUBLISHED: 08:09 EDT, 13 April 2023 | UPDATED: 10:25 EDT, 13 April 2023
A Burger King franchise with more than 100 locations nationally will close locations across six states having reportedly racked up $14mn in debt.
Meridian Restaurants Unlimited filed for bankruptcy in March, struggling with rising food costs and poor sales.
Court filings previously revealed the company was closing 27 stores in Minnesota, Utah, Montana, Kansas, Nebraska and North Dakota.
originally posted by: putnam6
****Disclaimer the OP is in no way suggesting this means the economy is collapsing everywhere. The OP noticed their Burger King closed a while back and once it did the shopping center where the BK was, has lost a few stores and is beginning to look rundown and a bit sketchy. *****
Thats a lot of locations to close at once, regardless of how we feel about BK and thier food and service thats probably 1500 people out of work any way you cut it. In small-town America, those restaurants are the only place a teen can get a job.
I would imagine that would probably knock BK down a notch in the burger rankings too.
www.dailymail.co.uk...
Higher costs and wages had hurt the company looking to build back after Covid
Follows separate closure of 26 outlets this month, with 424 staff losing jobs
By JAMES REYNOLDS
PUBLISHED: 08:09 EDT, 13 April 2023 | UPDATED: 10:25 EDT, 13 April 2023
A Burger King franchise with more than 100 locations nationally will close locations across six states having reportedly racked up $14mn in debt.
Meridian Restaurants Unlimited filed for bankruptcy in March, struggling with rising food costs and poor sales.
Court filings previously revealed the company was closing 27 stores in Minnesota, Utah, Montana, Kansas, Nebraska and North Dakota.
originally posted by: SRPrime
originally posted by: putnam6
****Disclaimer the OP is in no way suggesting this means the economy is collapsing everywhere. The OP noticed their Burger King closed a while back and once it did the shopping center where the BK was, has lost a few stores and is beginning to look rundown and a bit sketchy. *****
Thats a lot of locations to close at once, regardless of how we feel about BK and thier food and service thats probably 1500 people out of work any way you cut it. In small-town America, those restaurants are the only place a teen can get a job.
I would imagine that would probably knock BK down a notch in the burger rankings too.
www.dailymail.co.uk...
Higher costs and wages had hurt the company looking to build back after Covid
Follows separate closure of 26 outlets this month, with 424 staff losing jobs
By JAMES REYNOLDS
PUBLISHED: 08:09 EDT, 13 April 2023 | UPDATED: 10:25 EDT, 13 April 2023
A Burger King franchise with more than 100 locations nationally will close locations across six states having reportedly racked up $14mn in debt.
Meridian Restaurants Unlimited filed for bankruptcy in March, struggling with rising food costs and poor sales.
Court filings previously revealed the company was closing 27 stores in Minnesota, Utah, Montana, Kansas, Nebraska and North Dakota.
The economy is collapsing though.
originally posted by: ancientlight
It's so expensive fast food, I see it sadly as a luxury now. It was anyway something we ate rarely, and now even more so.
Last time we went to BK it was $18 for two burgers/fries and drinks.
I can buy the ingredients and make it myself and have enough for 5 meals at least.
Super easy to make too.
originally posted by: BeNotAfraid
a reply to: putnam6
external-content.duckduckgo.com... 8c23e4acc15a6f88f42fb8e8e6ae015c8ee09243f2e031911569cf53fb20&ipo=images
In May 2019, Burger King announced something a bit strange: they wanted to close the numbers gap between themselves and McDonald's even more, so they were... closing stores? Yes, says Restaurant Business, and it's an interesting tactical move on their part. At the time of the announcement, they had around U.S. 7,300 locations (compared to the 13,900-ish U.S. locations McDonald's boasted). In order to get closer to McDonald's numbers, they were going to start by closing between 200 and 250 locations. That was a huge jump in closures, as Burger King typically averaged about a 100 to 130-store closure rate every year in the lead-up to this pretty big announcement. Read More: www.mashed.com...
The Real Reason Burger King Is Struggling
Disclaimer the OP is in no way suggesting this means the economy is collapsing everywhere. The OP noticed their Burger King closed a while back and once it did the shopping center where the BK was, has lost a few stores and is beginning to look rundown and a bit sketchy. *
originally posted by: chris_stibrany
a reply to: putnam6
It's actually a better deal to just get the whopper Jr by itself or whopper by itself and just drink water. Like $4. The price doubles just adding fries and a drink and thats not worth it. Plus you dont need that many calories. Most people. .
originally posted by: Bigburgh
a reply to: putnam6
I went to a BK about 2 years ago when I got a craving for a Whopper. I had remembered them being juicy with the good toppings from years prior.
The meat has definitely changed, this dried leather unpalatable puck was not what I remembered.
I tried once more a couple weeks later to see if it was a bad day, got the same dried dust patty. There wasn't enough tomato, pickles, ketchup, mayo or mustard to get that meat product down.
I suspect Wendy's meat is better.