Last week, Wendy’s announced it is divesting the Arby’s chain and focusing on growing Wendy’s. Exiting or divestiture is one of my Five Options for Growth and many executives often think of it as retreat rather than growth.
I say otherwise. Yeah! to Wendy’s. As the Wall Street Journal reported today this… “is an industry where the only viable ways to grow are to steal market share from rivals or expand overseas….” This will allow Wendy’s to plow more resources in growth rather than being hampered by Arby’s dismal prospects. For perspective buyers this signals more deals may be coming this year.