Wendy’s (WEN) Opens First JV Restaurant in Japan
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The Wendy’s Company, or Wendy's/Arby's Group (NYSE: WEN), announced the grand opening of the first joint venture Wendy’s restaurant in Japan, located in Tokyo’s Omotesando area.
Starting with Tokyo, Wendy’s Japan LLC plans a national rollout of restaurants in the coming years. Wendy’s Japan plans to open approximately 100 Wendy’s restaurants within the next five years and estimates the long-term market potential to be about 700 restaurants.
Starting with Tokyo, Wendy’s Japan LLC plans a national rollout of restaurants in the coming years. Wendy’s Japan plans to open approximately 100 Wendy’s restaurants within the next five years and estimates the long-term market potential to be about 700 restaurants.
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