Iceland

McDonald’s to disappear from Iceland

McDonald’s is to disappear from Iceland after the franchise operator for the country’s three restaurants said it was no longer economically viable to keep the restaurants running in their current form.

Iceland’s first McDonald’s restaurant was opened in 1993. But with a population of just 300,000, and isolated far up at the north of Europe, Iceland presents unique operational difficulties that franchise holder Lyst has apparently decided cannot be overcome.

The main problem seems to be that the falling krona makes imports from Germany prohibitively expensive. The restaurants will be run under another name, which should allow cheaper Icelandic products to be used. Kind of makes sense, really…

About Michael R. Gideon

Writer, teacher, dog walker, guitarist, husband, father, reader, journalist etc. I mainly write at 100gf | Politics and Computers, but occasionally at other sites such as TV Vomit and Indie Bookspot. My Google Plus profile.

Discussion

One thought on “McDonald’s to disappear from Iceland

  1. There are almost 3 years since Macdonalds closed in Iceland

    Posted by Haraldur | December 5, 2011, 5:10 pm

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