Tag Archives: mcdonalds

McDonald’s: A Pillar of the American Service Economy

The McDonald’s Corporation has emerged as a potent emblem of the American service economy, currently accounting for 90% of the nation’s new job opportunities. From its humble beginnings with around 1,000 restaurants in 1968, McDonald’s has expanded its global presence, boasting over 28,000 establishments and inaugurating nearly 2,000 new outlets annually. Astonishingly, it is estimated… Read More »

Iceland’s McDonald’s-Free Landscape

Iceland is a country devoid of McDonald’s restaurants. The fast-food giant ceased operations in Iceland on October 30, 2009, following the 2008-2011 Icelandic financial crisis and elevated import tariffs on foreign ingredients. These factors necessitated a price hike for McDonald’s products, making it difficult to maintain a presence in the country. Interestingly, Icelanders can still… Read More »

McDonald’s initially was a barbeque….

McDonald’s initially was a barbeque restaurant when it first opened. They had lots of competition as a barbeque shop and dealt with tight profit margins which caused them to close for a few months. They then reopened as a burger restaurant. The post McDonald’s initially was a barbeque…. appeared first on Crazy Facts. Source