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Burger King says Russia franchisee 'refused' to shutter restaurants
Source: Reuters
Burger King's parent company said on Thursday it has not been able to close its 800 restaurants in Russia because its independent operator there "refused" to do so.
Restaurant Brands International Inc (QSR.TO) said that to enforce its contracts with the franchisee, Alexander Kolobov, it would need the help of the Russian government, but "we know that will not practically happen anytime soon," according to a letter to employees from David Shear, president, international, of the company.
It also exposes what can become a point of weakness in international franchising, which is how most American restaurant brands expand overseas: the relationships with their independent operators.
https://www.reuters.com/business/re...hisee-refused-shutter-restaurants-2022-03-17/
looks like Ronald McDonald snuck out of dodge leaving the King holding the bag (of fries)
Source: Reuters
Burger King's parent company said on Thursday it has not been able to close its 800 restaurants in Russia because its independent operator there "refused" to do so.
Restaurant Brands International Inc (QSR.TO) said that to enforce its contracts with the franchisee, Alexander Kolobov, it would need the help of the Russian government, but "we know that will not practically happen anytime soon," according to a letter to employees from David Shear, president, international, of the company.
It also exposes what can become a point of weakness in international franchising, which is how most American restaurant brands expand overseas: the relationships with their independent operators.
https://www.reuters.com/business/re...hisee-refused-shutter-restaurants-2022-03-17/
looks like Ronald McDonald snuck out of dodge leaving the King holding the bag (of fries)
