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.

Company Profile – free sample

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
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.