All of us have just too many stores. Everyone would be more profitable if we had fewer stores that were higher volume and more profitable. This mania of "Market Share" to please Wall Street is very expensive. If MCD, Wendy's, BK and others were truly smart they would be closing stores. Business is supposed to be about making MONEY!! Right?
3 comments:
just more proof unit margins are declining. If they made money they'd keep them.
refranchiseing just means the restaurant business model doesn't work and its a lousy franchise.
All of us have just too many stores. Everyone would be more profitable if we had fewer stores that were higher volume and more profitable. This mania of "Market Share" to please Wall Street is very expensive. If MCD, Wendy's, BK and others were truly smart they would be closing stores. Business is supposed to be about making MONEY!! Right?
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