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Jack in the Box to Close 150 to 200 Locations as Part of Cost-Cutting Effort
Jack in the Box, the San Diego-based fast-food chain, will close 150 to 200 of its roughly 2,200 storefronts as part of its newly announced “Jack on Track” cost-cutting strategy intended to expedite cash flow and pay down its debt. The company’s long-term liabilities totaled nearly $3.2 billion as of the first quarter of this year.
The company also plans to close about 150 to 200 underperforming restaurants, starting with 80 to 120 restaurant exits by the ...
Jack in the Box Inc. announced a sweeping transformation plan aimed at revitalizing the business and ensuring long-term ...
Jack in the Box plans to close 10% of its locations and is exploring selling Del Taco amid financial struggles ...
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