Protestors destroy a McDonald’s in Lahore, Pakistan, in 2006 following the Danish cartoon scandal. (Mian Khursheed/AP) On Thursday, Bloomberg reported that 130 McDonald’s locations in Japan would be closed due to lagging sales amid food scandals. This is the type of story we’re used to seeing about companies, a story where success or failure in a market is tethered to performance. But coverage of McDonald’s in particular tends to concern a very different type of story: McDonald’s as icon of capitalism. The fast food chain celebrated its 60th birthday on Wednesday. Technically, it’s a few years older, but the company’s …read more
Source: The Atlantic