McDonald’s Shrinks for the First Time in Over 40 Years

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By noreply@blogger.com (Activist) By Carey Wedler

For the first time in over four decades, McDonald’s is shrinking. The fast food giant is currently closing more restaurants in the United States than it is opening, signifying a period of contraction for the global corporation.

McDonald’s announced in April that it would be closing 700 “underperforming” locations, but because of the company’s sheer size—it has 14,300 locations in the United States alone—this was not necessarily a reduction in the size of the company, especially because it continues to open locations around the world. It still has <a class="colorbox" …read more

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