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Burger King closing 40,000 stores nationwide due to slowing economy.

 
Anonymous Coward
User ID: 601670
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01/31/2009 03:49 AM
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Burger King closing 40,000 stores nationwide due to slowing economy.
Nah sorry...that's not true.
Anonymous Coward (OP)
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01/31/2009 04:11 AM
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Re: Burger King closing 40,000 stores nationwide due to slowing economy.
McDonalds is expanding. Bad food is cheap and easy to sell.

McDonald's To Expand Even Amidst Recession
January 28, 2009 10:42 AM ET | Matthew Bandyk

Small restaurants and franchisee restaurants across the country are closing down and laying off employees. Meanwhile, McDonald's is actually adding stores this year--1,000 of them. McDonald's continues to be recession-proof, as I dubbed the fast-food giant.

As the BBC reports, McDonald's global same-store sales rose 7.2 percent in the fourth quarter, and 5 percent in the U.S. alone.

Small businesses competing with McDonald's in Texas might be getting a slight advantage soon. Texas Gov. Rick Perry wants to exempt businesses with under $1 million in revenue from a tax that currently applies to many businesses in the state. Texas's franchise tax brought in $4.5 billion when it was administered in 2006, and it applies to corporations, LLCs, parterships, etc. Currently the exemption for the tax is at $300,000, but Perry wants to expand it to give more relief to more businesses.

As large businesses like McDonald's expand while small businesses shut down, maybe we'll see more governors follow Perry's lead.
[link to www.usnews.com]
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What a cute squirrel you are.
Anonymous Coward
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01/31/2009 04:15 AM
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Re: Burger King closing 40,000 stores nationwide due to slowing economy.
I got yo burga, man....extra dick cheese.
Anonymous Coward
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01/31/2009 04:21 AM
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Re: Burger King closing 40,000 stores nationwide due to slowing economy.
I got yo burga, man....extra dick cheese.
 Quoting: Anonymous Coward 56716


How dick did ya wan dat?
anonymous
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01/31/2009 05:25 AM
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Re: Burger King closing 40,000 stores nationwide due to slowing economy.
resturants must change thier menu to bare bone meals and cost..cheap cost Blue Plate specials will sell in bad economies other high cost meals just will not sell..include a small free tea .or go out of business ..
Xare

User ID: 591084
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01/31/2009 05:31 AM
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Re: Burger King closing 40,000 stores nationwide due to slowing economy.
Fast food is a hidden Subsidy. Dollar Menu....


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