Japan - 400 McDonalds to close
27 Feb 2010
McDonald's Japan, a 50-percent-owned affiliate of McDonald's Corp. (NYSE: MCD), will be closing about 430 restaurants over the next 12 to 18 months while the Oak Brook, IL-based fast-food company reviews its operations in Japan. The affiliate, McDonald's Holdings Co. (Japan), has 3,700 stores. At the same time that it was announcing the closings, the company also is opening 90 new restaurants and refurbishing 200 others in Japan.
foodservice.com
Source: newsroom - meattradenewsdaily.co.uk
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