International franchise BreadTalk suspend operations in Sri Lanka

Internationally acclaimed bakery and confectionery franchise BreadTalk will be closing down its operations in Sri Lanka from March 20, 2021 until further notice.

The Board of Directors of FoodBuzz (Pvt) Ltd, a wholly-owned subsidiary of RIL Properties PLC, informed in writing to the Colombo Stock Exchange that they have decided to temporarily suspend its business operations. They further stated that the Bread Talk outlets in Sri Lanka will be closed due to adverse market conditions resulting from the Easter Attacks as well as the ongoing pandemic until a decision is made on the way forward. 

BreadTalk an international brand established at Bugis Junction, Singapore in the year 2000, has over the years established itself not only in Sri Lanka but around the world.  The franchise in Sri Lanka came under the purview of RIL Property, a diversified holding company which also develops premium office spaces in Colombo.

Founded in 2000, the BreadTalk Group has rapidly expanded to become a distinctive household brand that has established its mark on the world stage with its bakery, restaurant and food atrium footprints. Currently, there are close to 900 outlets in 15 international markets with a global staff strength close to 5,000 employees.