Friday, January 22, 2010

El Pollo Loco pulls back on Chicago expansion

In 2004, El Pollo Loco announced its plans for a national expansion, including entry into the Chicago market. Now, The Sun Times reports that two of the chain's three stores there have closed recently, possibly putting the brakes on the company's plans for growth in the market.

Franchisee ABE Holdings LLC had previously signed a deal to open 18 stores in the Chicago area in addition to the company's plans for another 12. The company previously took over two of those franchise stores in 2007 and closed them in 2008.

Read more;