Wendy's to close stores in Japan

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.

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