McDonald's US Restaurant Count Shrinks After Decades
McDonald's plans to close more U.S. locations than it opens this year, a first since at least 1970, amid competition from Five Guys, Chipotle, and newer better burger chains. Becca Hary noted the net reduction will be minimal versus about 14,300 U.S. units. CEO Steve Easterbrook outlined restructuring to cut bureaucracy and move nimbler. Even with closures, McDonald's remains the largest U.S. hamburger chain with more than twice the outlets of Burger King.
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McDonald's
U.S
McDonald’s
Associated Press
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McCafe Coffee
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Five Guys Burgers and Fries
Steve Easterbrook
Hary
McDonald's Corp
Securities and Exchange Commission
Starbucks
Howard Schultz
Mike Donahue
Burger King
Technomic
Subway
Analysts see several reasons for Colt's slide to bankruptcy
Analysts blame Colt Defense bankruptcy on misreading the police firearms market and weak civilian sales after a spike, plus government contract losses that cut revenue. The West Hartford maker warned liquidity pressures will persist as it owes up to 500 million dollars to creditors and faces reduced military and police sales.
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Hartford, Conn
Colt Defense
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Colt
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Remington
EN Herstal
Belgium
Alan Rice
New Hampshire Firearms Coalition
West Hartford
Keith A. Maib
Samuel Colt
Fitbit debuts on NYSE with strong IPO and surge
Fitbit priced at 20 per share raising over 730 million valuing the company at about 4.1 billion. Shares jumped nearly 50 percent on first trading day as investors eyed its wearables and scale products. The company reported 745 million in 2014 sales and 10.9 million devices sold last year amid forecasts of 24 million trackers in the U.S. this year.
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John Gordon
Pacific Management Consulting Group
Gordon
Lake George
N.Y
Richard Feldman
Independent Firearm Owners Association
Feldman
Moody’s
Jadishe
Gigi) Adamo
Petc Found
Litchfield
Victor
Lorain
Admiral Kin
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Tney
Medina Adt
Medina
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Seville
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Aol.com
Assisted Living Help
Brookdale
Medina North
49A Leisure
Trillium Creek Medina
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Jessica
Wooster Pike Medina
Tcchio
Theboutiquetc
Brighton
Ken Ziegler
Jones
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Summit County
Py Omaireas
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Pearl Road
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Ohio
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E. Boyer St
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