For the past week, we have been reporting on the mysterious closings of five Walmart stores across the country. Now, another major corporation has announced mass closings, and this one is arguably even more surprising.
McDonald’s has closed 350 restaurants since the beginning of 2015, and they have just announced that they will be closing 350 more by the end of the year.
“Earlier on Wednesday, McDonald’s reported an 11% decrease in revenue and a 30% drop in profit for the first three months of year, a continuation of its troubles in the last two years as it has struggled to compete with new U.S. competitors, a tough economy in Europe and a food safety scare in Asia,” Fortune reported.
According to Infowars, McDonald’s has been in a steep decline ever since Americans started searching for healthier options to eat.
“The world is starting to ask what they’re truly eating in their food — and the new conglomerate of natural grocers and restaurants are trailblazing the way into an entirely new economic environment,” Anthony Gucciardi wrote. “In other words: people are simply tired of shoveling garbage into their bodies, and they’re not going to put up with it anymore.”
In the past, unhealthy options like McDonald’s were cheaper than healthy food. However, now outlets like Whole Foods are offering healthy, organic options at the same price as Big Macs.
“McDonald’s is a huge company, a huge supply chain spread everywhere, and it’s kind of getting nibbled at the margins by all these upscale burger chains, organic places [and] locally sourced food,” Yahoo finance columnist Rick Newman wrote.
While these closings aren’t nearly as mysterious as the Walmart ones, it is still a huge symbol of a change of times in America.
What do you think about these closings? Let us know your thoughts in the comments section.