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StockWatch: McDonald’s and Starbucks Begin Closing Stores!

Started by PocketOption, Mar 09, 2022, 11:10 am

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PocketOption

StockWatch: McDonald's and Starbucks Begin Closing Stores!

Starbucks

McDonald’s and Starbucks are shutting their restaurants and cafes in .


Globally, most McDonald’s locations are operated by franchise operators. But that’s not the case in , where the company operates 84% of locations.


With the share price sinking since the announcement, how detrimental will this loss of income hit the fast-food giant?


Timestamps:



  • MCD 02:00

  • SBUX 03:25


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