Jim Skinner: McDonald's well positioned in face of recession

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McDonald's

Jim Skinner: McDonald's well positioned in face of recession

November 14, 2008
Source
Reuters
McDonald's Corp is shielded against recession and has hardly been hit by the international financial crisis, Chief Executive Jim Skinner was quoted as saying on Thursday.

"Worldwide turbulence is barely affecting our business,"Skinner told Germany's Bild daily. "We are growing worldwide, especially in Europe we have significant gains at the moment -- also in Germany."
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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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