McDonald's came out of the Chinese virus problem in pretty good shape. Primarily
because less stable chains and independents disappeared. For example, Steak and
Shake closed its last store in the third quarter of 2020. As the economy improved in
the fourth quarter of 2020 there were far less eating-out opportunities. Since McDonald's
was well established in every USA trading area it was easy to vacuum up those meal
occasions.
Large restaurant chains will more easily survive the pandemic - Maze
.
1 comment:
https://www.nrn.com/quick-service/report-mcdonald-s-same-store-sales-improving-still-down-april
Post a Comment