And in separate news….
McDonalds is planning a retreat in it’s hamburger-selling activities, according to a published report.
Citing unnamed sources, it is reported the largest burger chain in the U.S. is looking to reduce its ties to it’s hamburger loving customers, which accounts for more than 50% of it’s business.
McDonalds MCD, has been fighting a number of scandals, and rather than trying to improve the business and regain trust in the marketplace: it has decided to cut back.
McDonalds CEO is excited about his long-term corporate strategy which focuses primarily on diversity, selling off profitable product lines, the reduction of loyal employees and customers, the implementation of offshore self-serve kiosks, and getting aggressive with it’s sales of water.