McDonald’s has taken the unexpected step of closing 169 outlets in India, a market where it has been steadily losing ground to competitors following a series of disputes with local management.
The world’s largest fast food chain McDonald’s announced plans on Tuesday to double the number of its stores in China within five years, targeting the country’s less-developed urban areas.
McDonald’s chief executive Steve Easterbrook put concerns surrounding Brexit uncertainty to bed earlier this week, insisting that he remains confident in the UK market.