Fast food chain closing up to 200 locations to pay off $300,000,000 debt
Jack in the Box plans to close 10% of its U.S. locations, approximately 200 restaurants, due to underperformance, with 80 to 120 closures expected by the end of 2025. This move is part of the company's strategy to address $300 million in debt, emphasizing a return to core business practices. Additionally, Jack in the Box is considering selling its Del Taco brand, which it acquired three years ago, as part of its "Jack on Track"...
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