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How Collins Foods Is Handing Over 20 Taco Bell Stores in a Bold Exit Move

8:38am on Tuesday 31st of March, 2026 AEDT Consumer Discretionary
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How Collins Foods Is Handing Over 20 Taco Bell Stores in a Bold Exit Move

8:38am on Tuesday 31st of March, 2026 AEDT
Key Points
  • Transition of 20 Taco Bell stores to Taco Bell-affiliated partnership
  • Closure of remaining 7 Taco Bell restaurants imminent
  • Lease liabilities of approximately $24 million to be transferred or extinguished
  • Reimbursement for operating losses and capex from April 2026
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