Posted on 11/09/2012 10:13:08 AM PST by Lorianne
McDonald's Corp. says a key sales figure fell in October, marking the first monthly drop in nearly a decade for the world's biggest hamburger chain.
The company, says global sales at restaurants open at least a year fell 1.8 percent for the month. The last time the figure dropped was in 2003. The figure is a key metric because it strips out the impact of newly opened and closed locations.
The fast-food chain says the figure fell 2.2 percent in both the U.S. and Europe. In the region encompassing Asia, the Middle East and Africa, it dropped 2.4 percent.
After year of outperforming its rivals, McDonald's has seen sales slow recently as the company faces intensifying competition and a persistently weak economy.
(Excerpt) Read more at times247.com ...
Fallen arches: McDonald’s sales slump blamed on food costs, smarter customers
http://grist.org/food/fallen-arches-mcdonalds-sales-slump-blamed-on-food-costs-smarter-customers/
Glad to hear it. They keep cozying up to the left and I hope they continue to struggle whether the two are related or not.
The food and service stinks. If I want fast food, Chick fil A it is.
1) You can’t swipe EBT cards at McDonalds. The folks will go and buy chips, soda and toher such garbage at a place where they CAN swipe EBT cards.
2) The EBT allowances I’ve seen are obscene. Obscene amounts lead to obese folks.
The economy is tanking. Who knew?
They also destroyed their kids happy meals to appease Michelle Obama.
High priced, low quality foods served by illegals or 3rd world imports voting for Obama and leftist Dems.... No gracias...
You used to be able to swipe EBT at McD. Did it change?
My mastiff and bulldog love their $1.00 fried pink slime McDoubles. People are eating that stuff?
If you listen to the MSM and the government, the economy is improving every day!
Several price increases in recent years and declining employment and consumer incomes.
Another sign of the coming economic collapse thanks to Obama’s ideology.
We seem to have a vicious cycle going on here. Given that everyone is working at McDonald’s, there are no customers.
Only employees.
I can understand why.
The last time I ordered a Big Mac, I got a got a luke warm Midget Mac.
Yes, that’s true.
Remember how the Witch Peloser complained about The Bush Economy and low paying jobs?
The American Voter is beyond Stooopid.
I think Mac Midget sounds better....just sayin.
Just maybe the fall-off at McD’s had something to do with all the people that have been heading to Chick-fil-A to support them?
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