Not even McDonald’s is immune to the effects of rising unemployment in the United States and deep price discounting throughout the quick-service sector.
The chain posted a 1.7-percent uptick in U.S. same-store sales for August, lower than results of the past and below many analyst expectations.
Observers noted that late-night and breakfast sales were hardest hit last month, reflecting the rising level of unemployment in the United States that reduces the need for convenient or quick meals among workers and cuts consumer breakfast traffic during commuting hours. The U.S. unemployment rate hit 9.7 percent in August, the highest level since 1983. Breakfast is a major driver for McDonald’s, accounting for about 25 percent of U.S. sales.
- Nieuws
- Trends in landbouw en voedsel
- McDonald’s sales slump...
McDonald’s sales slump as even QSR traffic takes unemployment hit
Inloggen or Inschrijven to use this flag.
september 21, 2009
Like to receive news like this by email? Join and Subscribe!
Join Our Telegram Channel for regular updates!
Related Topics:
Uitgelichte Bedrijven
Related News
oktober 28, 2024
Himalaya Food International Limited: 60,000 TPA French Fry Plant Set to Launch by March 2025
augustus 26, 2024
The potato: a guarantee for regional food security and prosperity
juni 27, 2024
J&J Green Paper implements its sustainable packaging initiative Janus® with largest independent McDonalds franchisee in the world
Latest News
Sponsored Content
Sponsored Content
Sponsored Content
Sponsored Content
Waar
Sponsored Content