3 ms·
> You definitely see individual owned stores going out of business. Where? In my five+ decades on this planet I have never seen one close. Might see them shi
by kcplate 5y ago
> You definitely see individual owned stores going out of business.
Where? In my five+ decades on this planet I have never seen one close. Might see them shift to new nearby location, newer building…but never seen one close.
The only way I see an individual store going out of business is if community around them dies. I seriously doubt that a McDonalds in a populated area would close. You would have people lining up to buy the franchise.
- lytrplytprytr 5y ago"McDonald’s Is Closing Hundreds of Its Walmart Restaurants" -WSJ article from this year
- genewitch 5y agoIs this because of Walmart or poor franchisees, though. The McDonald's in a nearby hospital closed in the last 5 years. Perhaps the franchisees in those cases were a little optimistic.
- joe-collins 5y ago> The McDonald's in a nearby hospital closed That reads like a headline from The Onion.
- kcplate 5y agoIt’s likely because the space was more valuable to Walmart for retail needs than as a McDs. It was an experiment and it turns out that people probably just went to the McDonald’s down the street. By the way, the McDonald’s in our local hospital has been in operation 24/7/365 since the late ‘70s. It’s a symbiotic relationship I guess.
- kcplate 5y agoSorry but equating a satellite restaurant experiment to actual restaurants is a false equivalency. Ask yourself how many of those Walmart McDonalds had a McDonald’s within a mile of the Walmart and whether or not they are still operating. There was a Walmart with a McDonald’s in my town that closed, however the McDonalds in its parking lot is still going strong.