The franchisee said that the decision to close the restaurants was not due to a lack of demand, but the severe weakness of the Icelandic krona and high taxes on food imports."I've sold more in the last few months than ever before, but the cost is prohibitive. It just makes no sense."
They will shut down on midnight Saturday, so you still have time to pop into Reykjavik for an Egg McPuffin.
Wednesday, October 28, 2009
McDonald's abandons Iceland | Business | Deutsche Welle | 27.10.2009
McDonald's abandons Iceland
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