Citing the ongoing economic crisis, US fastfood behemoth McDonald’s has temporarily closed 18 of its restaurants in Turkey.
Serap Gokcebay, PR and communications manager at McDonald’s Turkey, explained that the crisis meant a fall in consumer demand and purchasing power.
Since opening its first restaurant in Turkey in 1986, McDonald’s has developed a 111-outlet strong chain and employs more than 4,000 workers.
The restaurants, eleven of which were situated in Istanbul, were closed on Wednesday.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData