McDonald's Acquires Israeli Restaurants to Address Slumping Sales Amid Boycotts
Friday, 5 April 2024, 14:24
McDonald's Acquisition of Israeli Restaurants
McDonald's has made a significant decision to buy back its restaurants in Israel from a long-time franchisee in response to slumping sales due to boycotts.
Key Highlights:
- Direct Ownership: McDonald's seeks to reset sales by taking direct control of its Israeli operations.
- Impact of Boycotts: The decision stems from declining sales following regional boycotts and reflects the company's strategy to stabilize performance.
By eliminating the middleman franchisee, McDonald's aims to improve its market position and navigate challenges effectively in Israel.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.