Wendy's Franchisee Meritage Files for Bankruptcy Amid Losses, Dispute

Meritage Hospitality Group, a major Wendy's franchisee operating 314 U.S. restaurants, filed for bankruptcy after reporting multimillion-dollar losses and a contractual dispute with the chain. The filing signals financial stress in the quick-service restaurant sector, potentially affecting Wendy's brand operations and supply chain. The outcome of the dispute and the impact on other franchisees remain uncertain.