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Papa Johns to Close 300 Restaurants

Papa Johns to Close 300 Restaurants

by Phil Hall | Feb 26, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The pizza chain Papa John (NASDAQ: PZZA) announced plans to close 300 US eateries by the end of 2027. Restaurant Dive reports the company, which is the fourth largest US pizza chain by sales, plans to shutter most of the targeted eateries this year. The locations...
Wendy’s to Close Hundreds of Restaurants Following Weak Q4 Financial Performance

Wendy’s to Close Hundreds of Restaurants Following Weak Q4 Financial Performance

by Phil Hall | Feb 16, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Wendy’s Co. (NASDAQ: WEN) is planning to close several hundred US restaurants after reporting a dismal fourth quarter financial performance. The Associated Press reports the Dublin, Ohio-headquartered company experienced a 10% year-over-year decline in its global...
Hits and Misses for the Real Estate Week of Feb. 2-6

Hits and Misses for the Real Estate Week of Feb. 2-6

by Phil Hall | Feb 6, 2026 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

A baseball team gets evicted from its stadium, a five-year-old lawsuit is settled, and a pizza chain loses 250 stores. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Feb. 2-6. Miss: A Truly Foul Ball. At a time when many...

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