(Continued from page 2) McDonald’s officials said the company would allocate $3.2 billion in capital expenditures toward more new-unit development in 2013, while slowing global remodels to about 1,600 units, down from about 2,400 reimages in 2012. Thompson and Bensen said the deceleration in remodeling signified that many markets were nearer to completion, freeing up cash for new expansion in markets like China, Russia and even the United States. Some markets are completely ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.

 

Attention Print Subscribers:  While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!

Already registered? here.