Domino's Pizza closes chain in Costa Rica
The franchise, which had nine restaurants, abruptly stopped its operations after accumulating $2 million in losses.
Tuesday, February 3, 2009
The article in Mipunto.com, citing the La Nacion daily as its source, indicated that "The closure of Domino's Pizza, which operated nine restaurants in San Jose and neighboring cities, occurred has the government of Costa Rica was adopting the "Shield Plan" to deal with the impact of the international economic crisis in a country that is very dependent on trade with the United States."
After the closing of nine locations in Costa Rica under Grupo Mozzarella, the parent company has already indicated that they are seeking a new partner to operate the franchise in Costa Rica.
The franchise was acquired by Jorge Alcázar, owner of chicken food chain "Restaurantes AS".
The restaurant chain Bagelmen's has closed seven stores which had been operating in the country for fourteen years, in addition to the recent closure of Wendy's, which closed its doors in early January.
Burger King Costa Rica has announced the closure of 29 restaurants operating in the country, after a decision was taken by shareholders and the franchisor BKC US.
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