McDonald’s Targets Emerging Markets With Restaurant Openings
Thursday, June 10th, 2010 at
7:39 pm by
RestaurantNews
McDonald’s Corp., the largest restaurant chain, plans to open 100 more restaurants in South Africa and 120 in India over the next five years as the company seeks out further growth in emerging markets.
The Asia-Pacific, Middle East and Africa area contributes about 14 percent to the company’s operating income, compared with less than 8 percent five years ago, Tim Fenton, McDonald’s president for the region, said in an interview today.
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