Recently, through a statement, the fast food restaurant franchise Jack in the Box announced a massive closure due to severe financial problems.

The chain, founded in 1951, mentioned that before the end of this year, it expects to close around twelve locations with the aim of reducing costs and increasing revenue; However, the total closure of approximately 200 restaurants is projected for 2026 due to poor performance. Regarding this, CEO Lance Tucker stated, “During my tenure as CEO, I have worked quickly with our teams to conclude that Jack in the Box operates optimally and maximizes shareholder return potential within a streamlined, low-asset business model.” Nevertheless, the inevitable closures are due to poor performance. The company asserts that changing consumer habits are significantly impacting sales, compounded by high raw material costs, such as beef. In the fourth-quarter report of this year, it was revealed that Jack in the Box sales had fallen by 7.4%, marking a second consecutive quarter of decline. The fast-food chain reported a net loss of $80.7 million for the fiscal year in September.

To date, Jack in the Box has approximately 2,200 restaurants in the U.S., most of which are located in states such as California, Texas, and Arizona.