Unit growth to accelerate in 2013
(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 ...
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Contact: Desiree Torres Desiree.Torres@penton.com