McDonald's to open 1,000 stores

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McDonald's to open 1,000 stores

January 26, 2009
Source
BBC News

Announcing McDonald's Q4 and 2008 results, chief executive Jim Skinner said: "For 2009 we plan to invest $2.1bn in capital to open about 1,000 new restaurants and reinvest in our existing locations."

Despite beef, cheese, and other ingredients rising in price, the company reported an 8% fall in total operating costs and expenses.

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    McDonald's is the leading global foodservice retailer with more than 34,000 local restaurants serving nearly 69 million people in more than 118 countries each day. 

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