Can McDonald’s Have 50,000 Restaurants?
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McDonald’s (NYSE: MCD) first restaurant started operations in California in 1940. Legendary CEO Ray Kroc took over what was to become America’s fast food empire in 1955 and drove the store above 10,000. Today, McDonald’s has over 40,000 locations. That is up from 31,000 in 2005. McDonald’s revenue…
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