McDonald’s french fries supplier suddenly shutters factory, slashes jobs — as inflation stops customers from hitting up fast food chains
The french fries supplier’s net sales declined 1%, its income from operations dropped 34% and its net income plummeted 46% all compared to the same period a year earlier
By News on the Net -- New York Post—— Bio and Archives--October 8, 2024
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A major McDonald’s french fries supplier slashed jobs and abruptly shut closed a factory as cash-strapped fast-food customers downsize their meals — or skip the side order completely — amid inflated prices.
To combat slowing sales, the fast-food giant launched a $5 Meal Deal this summer that includes a McDouble or McChicken, a four-piece nugget, a small fries and a small fountain drink. ---More...
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