McDonald's is closing three of its spinoff CosMc's locations just a year after opening in Texas. However, the company says it's opening two new ones.

McDonald’s is closing nearly half of its CosMc’s spin-off restaurants less than a year after they began serving customers, but the chain says it remains committed to the concept. The company is closing three locations, the largest CosMc’s it has opened, but says it plans to open two smaller stores in Texas this year.

McDonald's has announced that half of its spinoff restaurant chains are closing after just one year in business.