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ABCNEWS.com : McDonald's to Close 175 Restaurants

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ABCNEWS.com : McDonald's to Close 175 Restaurants
Topic: Business 1:21 pm EST, Nov  8, 2002

] Fast-food giant McDonald's Corp. [MCD.N] said on Friday
] it would shutter about 175 restaurants -- its second
] major round of closings in two years -- and slash up to
] 600 worldwide corporate positions, as it struggles to
] turn around its U.S. performance and trim worldwide
] costs.
]
] The Oak Brook, Illinois-based company said the actions
] will reduce fourth-quarter earnings by $350 million to
] $425 million, forcing its to miss its 2002 earnings
] forecast. The shortfall stems from the combined effect of
] the cost of closing stores and losing their revenues, a
] spokeswoman said.

Could people finally be figuring out that McDonalds not only sucks, but is downright dangerous to your health?

I still like their fries. Everything else they have sucks. But those fries. They gotta have some kinda MSG like drug in them that we don't know about...

ABCNEWS.com : McDonald's to Close 175 Restaurants



 
 
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