Wendy's announces 2020 goal of opening over 600 new restaurants globally
The Wendy's Company has announced a 2020 goal of opening more than 600 new restaurants across the globe. As part of its efforts to grow and differentiate the brand while keeping energy stewardship at the forefront, Wendy's recently unveiled a new "Smart Family of Designs," providing a portfolio of development options to franchisees, including buildings that fit into smaller footprints. These designs provide more access to real estate, the ability to customize needs for specific trade areas and reduces the development investment for franchisees looking to build new restaurants. Wendy's recently introduced the Smart 2.0 design, which reduces environmental impact with an even smaller footprint and features that promote energy efficiency, while targeting an additional $150,000 of savings in development costs. This next generation of Wendy's Smart designs, which were first introduced in 2017, complements the company's commitment to reduce the amount of energy used in company-owned and operated restaurants by 20% by 2025, as part of its participation in the Department of Energy's Better Buildings Challenge.