CHILE: Lomito'n plans international fastfood expansion despite poor sales
Lomito'n , one of Chile's major restaurant and fast food chains, recorded a 4-5% drop in sales in 2000 compared to the previous year, despite implementing a competitive expansion plan during this period. According to Managing Director Juan Ramon Samaniego, the low annual sales figure was due to a fall in consumption between March and October 2000 caused by last year's recession.
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