BLOOMBERG: Slumping sales have led the fast food giant to shutter 59 locations this year.
BLOOMBERG: Slumping sales have led the fast food giant to shutter 59 locations this year.
The chain is closing 184 restaurants and opening 125 new ones in 2015, according to a franchise operations document filed with the Minnesota Department of Commerce last month. The company said in June that it was closing more U.S. restaurants than it was opening this year but didn’t give an exact figure.
The world’s biggest restaurant chain, which had about 14,350 domestic locations at the end of last year, is shuttering stores across the country as it struggles to reverse its worst sales slump in more than decade. In the U.S., where it gets about 32 percent of revenue, same-store sales have dropped for seven straight quarters.
