Undersize Me? McDonald’s Franchise Owners Admit Fast Food Giant “Facing Its Final Days”

Jon Alternative Media, Blogosphere, Economy

Having seen the writing on the $15 minimum wage wall…
And given the new ‘lack of transparency’ following McDonalds’ managements’ decision to stop reporting sales numbers monthly…
It appears McDonalds’ franchie owners are voicing their concerns… rather ominously… as TheAntiMedia.org’s Nick Bernabe reports,
Embattled fast food giant McDonald’s is making headlines yet again. The company has just launched its much advertised all-day breakfast program, but as that campaign rolls out, franchise owners are voicing their concerns over what may be the company’s dying days.
As we covered at Anti-Media in June, the McDonald’s franchise has been shrinking for the first time in the company’s over 40 year history:
‘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 more than double the locations of Burger King, its closest competitor.’
However, for the franchisees, the picture looks much worse than simply 700 stores closing down.

This post was published at Zero Hedge on 10/18/2015.