Jack in the Box Closing up to 200 Locations

The company intends to sell some of its real estate and stop issuing dividends.
Jack in the Box Closing up to 200 Locations
A Jack in the Box restaurant in Antioch, Calif., as seen on April 6, 2024. Travis Gillmore/The Epoch Times
|Updated:
0:00
Restaurant chain Jack in the Box Inc. will shut down hundreds of locations, and is also looking at potentially selling off its Del Taco brand of stores, the company said in an April 23 statement.

“Jack in the Box will implement a block closure program, which is projected to result in the closure of approximately 150–200 underperforming restaurants—a majority of which have been in the [restaurant] system for over three decades,” the company stated.

Naveen Athrappully
Naveen Athrappully
Author
Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.