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Wednesday, October 22, 2014

Asia food scare eats into McDonald's profits - Oct. 21, 2014

McDonald's sales in Asia are collapsing under the weight of a food scandal, aggravating the company's headaches in markets around the world.

Consumers in the key markets of China and Japan were clearly spooked by a food scare at an American-owned McDonald's (MCD) supplier. The scandal, which broke in July, found that the Shanghai supplier was selling tainted meat, including some food that had fallen on the floor.


Asia food scare eats into McDonald's profits - Oct. 21, 2014

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