Jack in the Box has announced that it will close the restaurants, in addition to possibly selling the Del Taco chain, acquired in 2022.

Fast-food chain Jack in the Box has announced plans to close up to 200 underperforming restaurant locations as U.S. customers continue to cut back on spending. The franchise said 80 to 120 restaurants would be shut down by the end of the year,

The eatery also is also considering selling off its Del Taco brand at a potential more than $300M loss to its 2022 purchase price.