Rubio’s Chips Away at Holdings, Slows Growth
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Carlsbad, California-After entering the Colorado, Utahand Nevada markets about two years ago, Rubio’s RestaurantsInc. has closed 11 under-performing Rubio’s Baja Grillrestaurants in those areas. The company also closed a unit inCalifornia and expects to close a store in Arizona, its coremarkets. Officials at Rubio’s, which currently has onefranchised unit in California, said they would attempt torefranchise the remaining nine locations in Colorado, Utah andNevada. –Nation’s Restaurant News
Carlsbad, California-After entering the Colorado, Utahand Nevada markets about two years ago, Rubio’s RestaurantsInc. has closed 11 under-performing Rubio’s Baja Grillrestaurants in those areas. The company also closed a unit inCalifornia and expects to close a store in Arizona, its coremarkets. Officials at Rubio’s, which currently has onefranchised unit in California, said they would attempt torefranchise the remaining nine locations in Colorado, Utah andNevada. –Nation’s Restaurant News
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