ATLANTA Nearly 30 years after opening its first restaurant in Japan, Wendy’s will halt development in that key Asian market, closing all 71 units there Dec. 31. Atlanta-based Wendy’s/Arby’s Group said Friday that its international division would not renew its franchise agreement with Japanese operator Nihon Wendies. Wendy’s/Arby’s said it was unable to agree to new terms for more development with Zensho Co. Ltd., the company that controls Nihon Wendies.“Japan is an important market, and we ...
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