Friday, August 14, 2015

McDonald's plans to close more stores than it opens this year, perhaps for the first time ever

Earlier this year, reports speculated that McDonald’s would close more stores than it opens this year, a somewhat shocking turn for the ubiquitous fast-food company. Now, McDonald’s has confirmed its plans to close 184 restaurants while opening only 125 locations this year, according to a report by Bloomberg. A spokesperson told Bloomberg that “the impact is minimal in comparison to the 14,000 restaurants we operate across the country,” but the symbolism is hard to ignore. It’s not clear…
Morning Edition RSS Feed via http://www.bizjournals.com/memphis/blog/morning_call/2015/08/mcdonalds-plans-to-close-more-stores-than-it-opens.html?ana=RSS&s=article_search

http://memphissmbmedia.blogspot.com/2015/08/mcdonalds-plans-to-close-more-stores.html from Memphis SMB Media

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