Fast Food/Quick Service Restaurants, Trends

McDonald’s Japan posts first operating loss since 2001 listing

The Japanese unit of McDonald’s Corp posted its first annual operating loss since going public in 2001 with sales battered by a food safety scandal and a shortage of french fries. In a country where consumers are highly attuned to food quality issues, analysts have said they do not expect a quick turnaround for the company which operates the fast food chain’s second-largest restaurant network in the world.

Source: www.themalaysianinsider.com

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