McDonald’s Will Be Closing 200 of its US Restaurants By the End of the Year
McDonald’s announced during its second quarter earnings call that it would be closing roughly 200 under-performing locations in the U.S. this year. More than half of these locations are set…
(Photo by Catherine Ivill/Getty Images)
McDonald's announced during its second quarter earnings call that it would be closing roughly 200 under-performing locations in the U.S. this year. More than half of these locations are set inside Walmarts.
McDonald's had its lowest quarterly profit in 13 years in the quarter that ended last month - the under-performing stores' revenues were down 30% while global same-store sales dropped by 23.9%.
McDonalds currently has roughly 14,000 U.S. locations. That's a lot of frozen fries...
Beasley Media EditorialWriter
Jackson Blue has been on Boston airwaves for over 20 years. He is a foodie family person with a passion for having fun forever. Jackson likes to write about food, restaurants, Massachusetts and Boston happenings.
