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Nearly 100 percent” of the Jack in the Box closures will be franchise locations, said CEO Lance Tucker. And with the hiring ...
Jack in the Box plans to close 10% of its locations and is exploring selling Del Taco amid financial struggles ...
Jack in the Box plans to close approximately 10% of its locations and is exploring a sale of its Del Taco brand amid a broader overhaul of the fast-food chain that is struggling as customers cut ...
There’s a possibility that the restaurant chain is looking to shelve all their locations and get rid of the entire business.
Jack in the Box, currently operating 2,200 restaurants across the U.S., mainly on the West Coast, and 600 Del Taco restaurants, plans to close 150 to 200 restaurants. They added that before the end of ...
The plan was announced Wednesday by CEO Lance Tucker, according to CNN. Tucker says the company is looking to pay $300 million in debt in the next two years. As part of the plan to pay down that ...
The closures are aimed at "addressing our balance sheet to accelerate cash flow and pay down debt," said Jack in the Box CEO Lance Tucker in a statement, with the chain hoping the pay off $300 ...
Jack in the Box (JACK.O), opens new tab is seeking to offload its struggling Del Taco restaurant business and suspended its dividend as part of a restructuring plan under new CEO Lance Tucker, it ...
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