McDonald's has closed its stores in Sri Lanka following the end of a deal with its local partner, according to a lawyer familiar with the situation. The fast-food giant's departure from the island nation comes after the termination of its agreement with the local partner.
The closure of McDonald's outlets in Sri Lanka marks the end of an era for the popular fast-food chain in the country. The decision to shut down operations was reportedly made after the deal with the local partner came to an end.
McDonald's had been operating in Sri Lanka through its local partner for a significant period of time. The closure of the stores is expected to have an impact on both customers and employees who were associated with the fast-food chain.
It remains unclear what led to the termination of the agreement between McDonald's and its local partner in Sri Lanka. The sudden closure of the stores has left many people surprised and disappointed.
McDonald's has not provided any official statement regarding the closure of its stores in Sri Lanka. The fast-food chain's decision to exit the market has raised questions about the future of its presence in the country.
Customers who frequented McDonald's outlets in Sri Lanka will now have to look for alternative dining options. The closure of the stores is likely to create a void in the fast-food industry in the country.
As of now, there is no information available on whether McDonald's plans to re-enter the Sri Lankan market in the future. The closure of its stores in the country has left many wondering about the fate of the iconic fast-food chain in Sri Lanka.