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Wendy’s inks deals to open more than 60 stores in Mexico

SAN FRANCISCO (MarketWatch) — Wendy’s International Inc. said Monday it has signed development agreements to open more than 60 restaurants in two Mexican cities over the next seven years. Financial terms weren’t disclosed. Wendy’s said two new franchisees will build and operate the restaurants in Monterrey and Mexico City, with the first of the stores expected to open before the end of the year. Wendy’s existing franchisee, Wenco-Mexico S.A., operates 12 restaurants in the cities of Ciudad Juarez and Chihuahua. There are more than 190 Wendy’s restaurants in the Latin America-Caribbean region in 14 markets, the company said.

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Original post by Forextvblog

This entry was posted on Monday, March 31st, 2008 at 1:42 pm and is filed under Daily Forex Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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