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McDonald's says number of US restaurants will shrink this year

Friday, June 19, 2015 - 06:46
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McDonald's Corp said Thursday that it will have fewer restaurants in the United States in 2015 than it did last year.

[NEW YORK] McDonald's Corp said Thursday that it will have fewer restaurants in the United States in 2015 than it did last year.

A company spokeswoman, in an email, did not specify the extent of the US restaurant downsizing but said: "The impact is minimal in comparison to the 14,000 restaurants we operate across the country." In April, McDonald's announced 350 restaurant closings in the United States, China and Japan, in addition to the 350 closings it had planned globally. At the same time, the company said it planned to open 300 new restaurants globally in 2015.

Last month, CEO Steve Easterbrook said he would reorganise business units, sell restaurants to franchisees and cut costs in a bid to turn around the fast food chain.

REUTERS