Fast-food chain A&W to close all branches in Thailand following large Covid losses The American fast-food giant A&W looks set to close all 26 branches in Thailand as the economic fallout of Covid-19 takes its toll. According to a Nation Thailand report, Global Consumer Plc, which owns the Thai franchise, is seeking board approval to close all branches in the kingdom.
Global Consumer’s annual report exhibits that final yr alone, A&W outlets in Thailand suffered losses of over 70 million baht. Multiple lockdowns and the changing behaviour of customers are being blamed for the losses, with most branches situated in buying centres that have been shuttered for a lot of the pandemic.
However, based on a Nation Thailand supply, there are 3 giant food chains in talks with Global Consumer about purchasing the A&W franchise. The deal is regarded as price round 500 million baht and might be finalised this month.
ติดตั้งโซล่าเซลล์ &W fast-food chain began life as a roadside shack within the metropolis of Lodi, California in 2019. Its famous root beer was concocted for the first time on a scorching dog cart during a parade. The shack turned a restaurant in 1923, with the first department opening in Sacramento, and by 1926, A&W had shortly grown into a franchise. The chain now has around 1,000 branches worldwide and opened its first Thai outlet in the Central Ladprao shopping mall in 1983.

In related information, mounting losses have pushed the board of Global Consumer Plc to approve the sale of the two remaining outlets of Kitchen Plus Restaurant and Coffee Corner..