"De-Arched": McDonald's Plans To Sell Russian Stores

“De-Arched”: McDonald’s Plans To Sell Russian Stores

from ZeroHedge: The invasion of Ukraine has led many Western companies to suspend or exit Russia, and the latest to do so is McDonald’s, after three decades of operations. NYTimes reports McDonald’s will sell its Russian book of business to a local buyer. The stores will be “de-arched,” meaning the new buyer will no longer use […]