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Published in El Imparcial
, 10 - September , 2015 Franchises from abroad
The closure of international franchises installed in Ciudad Obregon who have closed their doors in the city in recent weeks is due to the depreciation of the Mexican peso against the dollar, according to Canirac.
The president of the National Chamber of the Restaurant Industry and Seasoned Foods (Canirac) in the town, Meraz Sergio Reyes said that given the fact that these businesses import 95% of their inputs.
\\\"You have to make a clarification here is that the closure of business is not at all because we are in a bad economic situation but the dollar affects business costs due to imports,\\\" he said.
The local economy, he acknowledged, is going through some difficulties that generally affect all sectors, although it is a normal situation that will suffer in some than in others, such as the dollar traded shop business.
In the city two weeks ago he closed a franchise selling pizzas and other business earlier this year, also franchise, closed its doors in the city.
\\\"We believe that with planning, better management strategies and even marketing can succeed, there are local businesses that remain standing despite the situation of the local economy,\\\" he said.
There are branches of business, he added, which are franchises and other business that are successful local investment that despite the situation of the peso against the dollar.
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