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FALLEN ARCHES.

Authors :
Kowitt, Beth
Source :
Fortune; 12/1/2014, Vol. 170 Issue 8, p106-116, 8p, 6 Color Photographs, 3 Graphs
Publication Year :
2014

Abstract

The article focuses on fast food restaurant McDonald's which has seen a decline in market share and reduced sales in 2014. It comments on pressures facing McDonald's including intensified competition, lower-income consumers with less money available, and higher commodity costs, and suggests the company is facing a corporate identity crisis. It talks about McDonald's' chief executive, Don Thompson, and mentions he has reorganized the U.S. business to make it flatter and more nimble.

Details

Language :
English
ISSN :
00158259
Volume :
170
Issue :
8
Database :
Complementary Index
Journal :
Fortune
Publication Type :
Periodical
Accession number :
99411701