Jack in the Box, the 74-year-old fast-food chain, has announced a significant restructuring plan that includes closing up to 200 underperforming locations and exploring the sale of its Del Taco brand.

Jack in the Box said 150 to 200 of its “underperforming" restaurants are slated to close, and a majority will happen by the end of the year.

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Jack in the Box says it's planning to close 150 to 200 "underperforming" locations, with 80 to 120 restaurants closing by the ...