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Month: May 2016

QSR Chains Close 80 Outlets in 18 Months

  • By Lakshminarayana Yeluri
  • In Everything Else, Investment
  • Posted May 12, 2016
Western-style quick service restaurants (QSRs) and coffee chains have shut down more than 80 stores over the past 12-18 months due to declining same-store sales growth, consumers scaling back spends, and increasing pressure on their profitability. Pizza Hut, Costa Coffee, KFC, Barista and McDonald's have
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