Oct
15
McDonald’s Close to Making a Decision on Real-Estate Structure
ByMcDonald’s Corp., working on a company turnaround, is close to deciding what to do with its massive U.S. real-estate portfolio.
The fast-food chain and its board haven’t reached a decision, but have been reviewing and debating options, McDonald’s director Miles D. White told the Wall Street Journal on Thursday. McDonald’s has about 14,300 U.S. restaurants, of which about 90 percent are franchised.
Heidi Barker, a company spokeswoman, confirmed White’s comments. Senior leaders will discuss more on business strategy at an investor meeting in November, she said…
McDonald’s Close to Making a Decision on Real-Estate Structure
