Wendy’s cuts prices and closes stores as sales slow

Wendy's wants to win customers back, but it knows it has a lot of work to do. The chain has struggled in its home market, Interim CEO Ken Cook acknowledged during Wendy's third-quarter earnings call. "In our U.S. business, sales remain under pressure, and we are acting with urgency to return U.S. comp sales to growth. We are making meaningful progress on key actions to enhance the customer experience, and we are seeing this pay off in our U.S. company-operated restaurants, which significantly outperforme ...