A severe decrease in same-store sales in its Asia/Pacific, Middle East and Africa division drove a 1.9-percent decline in global same-store sales for McDonald’s Corp. in January. Same-store sales plummeted 9.5 percent in the Asia/Pacific, Middle East and Africa, or APMEA, segment last month, McDonald’s reported, resulting in large part from continued weakness in Japan and new challenges in China. Like its largest competitor in China, Yum! Brands Inc., McDonald’s has ...
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Contact: Desiree Torres Desiree.Torres@penton.com