Mcdonald's Closes Sri Lanka Stores After Partner Deal Ends
Mcdonald's Closes Sri Lanka Stores After Partner Deal Ends

McDonald's has terminated its partnership with a local entity in Sri Lanka, resulting in the closure of all 12 outlets across the country, according to a lawyer representing the U.S. corporation, as reported on Sunday.

Sanath Wijewardane, an attorney representing McDonald's, stated that the parent company opted to end the agreement with the franchisee due to typical operational concerns.

As a result, McDonald's is no longer operating in the country. However, there is a possibility that they might consider re-entering the market with a new franchisee in the future.

He mentioned that the agreement was officially terminated on Wednesday, yet the stores remained open for a few more days following the cancellation.

A representative from the local partner, Abans, chose not to provide a comment on the matter.

Wijewardane refused to elaborate on the specific issues, although local media outlets reported that McDonald's had taken legal action against Abans, alleging inadequate hygiene standards.

 

 
Stay on top – Get the daily news from Indian Retailer in your inbox
Also Worth Reading