Arby's Fallen, Peltz Can't Get It Up

Happiness!

I remember vaguely thinking back in 2007 that Wendy's should not be bought by Nelson Peltz's Triarc, then owner of Arby's. The general thought was that if you were having trouble making one fast food joint a real hit, then handling two just multiplied your potential for incompetence. Deep down we probably just feared the loss of the spicy chicken sandwich, or that the chili would be swapped out for some Arby's inspired nonsense.

At the time we said, "a sale to Triarc does not necessarily solve any problems in the fundamental business." It would seem that thought still holds, no matter which restaurant Peltz manages.

The Wendy's/Arbys Group plans to dispense with its Arby's component, reports the Wall Street Journal, thus allowing them to focus on running Wendy's as badly as they ran Arby's.