Wendy‘s eyes further UK expansion
The fast food chain aims to open 50 locations next year on top of the five restaurants and five delivery-only, dark kitchens that launched this year
Wendy’s is reportedly eyeing further expansion across the UK, having recently opened up a new site in Croydon this month.
According to the Financial Times, the group has been “buoyed” by sales at the five UK sites it has opened since it relaunched in Reading in June.
Wendy’s chief development officer, Abigail Pringle, told the FT that revenues at the UK restaurants that have so far opened were “far more” than the chain had expected, reported at £40,000 a week.
In light of this, the group will look to accelerate its expansion in the region, with an aim to open 50 locations next year on top of the five restaurants and five delivery-only, dark kitchens that launched this year.
Looking ahead, the group is also planning to launch in France, Germany and Spain as it looks to establish a foothold in Europe, with plans to also launch in the Republic of Ireland in 2023.
The opening of its Croydon site this month marked the 1000th international site and fifth UK site to open for the group.
At the time, CEO and president Todd Penegor said: “We are extremely proud of the progress we are making against our strategic growth pillar of expanding our global footprint.
“Our 1,000th International restaurant opening marks an exciting milestone for Wendy’s and our growth plans in the United Kingdom and beyond.”