ATLANTA - Atlanta-based Wendy's/Arby's Group Inc. says it is considering selling its Arby's business.<br />
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The restaurant operator has experienced softness at both its Wendy's and Arby's locations, but Arby's has long been suffering because its sandwiches can cost $5 or more, more expensive than many other fast-food offerings.<br />
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Diners in the downturn focused on value and price, so they sought out cheaper alternatives.<br />
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Chairman Nelson Peltz said in a statement on Thursday that the company believes the best way to maximize shareholder value is to concentrate its efforts on Wendy's.<br />
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He says the reality is that the Wendy's brand, given its relative size and scope, is the key drive of shareholder return.<br />
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The Arby's sandwich chain has almost 3,700 restaurants.
