💨 Abstract

Jack in the Box plans to close 10% of its restaurants, approximately 200 locations, over the next few years due to underperformance. This is part of a strategy to pay off $300 million in debt and boost the chain's financial performance. Additionally, they are considering selling off the Del Taco brand they acquired three years ago.

Courtesy: metro.co.uk

Summarized by Einstein Beta 🤖