Rubio's Chips Away at Holdings, Slows Growth

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Carlsbad, -After entering the , and markets about two years ago, 's Inc. has closed 11 under-performing Rubio's Baja Grill restaurants in those areas. The also closed a unit in California and expects to close a store in , its core markets. Officials at Rubio's, which currently has one franchised unit in California, said they would attempt to refranchise the remaining nine locations in Colorado, Utah and Nevada. -Nation's News

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