Australia News

US Fast Food Chain Faces Setback Down Under as 20 Australian Locations Close

KPMG Australia has been appointed as voluntary administrator.
US Fast Food Chain Faces Setback Down Under as 20 Australian Locations Close
CKE Headquarters in Anaheim, California on Feb. 13th 2017. Justin Sullivan/Getty Images
Monica O’Shea
|Updated:
0:00

An Australian franchisee running 24 Carl’s Jr. restaurants, the American fast-food chain, has been placed into voluntary administration, causing multiple burger restaurant closures.

Big Four accounting firm KPMG has stepped in as the voluntary administrator for CJ’s QSR Group (CJQSR), which operates Carl’s Jr. locations in Australia.

Monica O’Shea
Monica O’Shea
Author
Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]
Related Topics