Texas Chicken is shutting down all its outlets in Thailand after serving customers here for nine years.
The fast food company announced on its Facebook page on Monday that it would close all outlets from the end of September. It gave no reason for its decision to exit Thailand.
Texas Chicken is an American fast food restaurant chain, called Church’s Texas Chicken in the United States. Its first branch was in San Antonio in Texas and set up the headquarters in Atlanta. PTT Oil and Retail Business Plc (OR) brought it into Thailand nine years ago, opening the first outlets at its PTT petrol stations and then branching out to other places, including some community malls.
I wonder if this is following the trend from the US which is currently seeing many high profile food businesses going bankrupt?
Extremely high food prices have turned many people away from fast food due to cost.