Iceland will have to do without the distinct odors of McDonald's as the chain closed its three remaining restaurants in the wake of a currency crisis. Iceland fell victim to the sub-prime mortgage fiasco and now struggles under the weight of massive debt. This has eliminated faith in the Krona and caused its value to plummet. McDonald's requires its store owners to import all meat, potatoes, etc. from Germany and the costs became prohibitive. Click on the title above to access the full story behind this franchises exit.
No comments:
Post a Comment