Originally posted by rwingett Due to rising costs in the wake of Iceland's financial crisis, and the country's sparse population, McDonald's has announced it will close its three locations in Iceland, never to return. Should Icelanders weep or rejoice over this decision?
I think the problem is the mission statement McDonald's has:
All beef has to come from the same country as where the restaurant is situated.
Originally posted by shavixmir I think the problem is the mission statement McDonald's has:
All beef has to come from the same country as where the restaurant is situated.
Iceland must have closed the loophole that allowed MacDees to help support a company known as the 100% Australian Beef Co to flourish here in Australia. No prizes for guessing that they were anything but..
Originally posted by rwingett Due to rising costs in the wake of Iceland's financial crisis, and the country's sparse population, McDonald's has announced it will close its three locations in Iceland, never to return. Should Icelanders weep or rejoice over this decision?
I'd say be happy McD's has left. The population will be thinner and more healthy. McD's won't lose much pulling out of Iceland
Originally posted by bill718 I'd say be happy McD's has left. The population will be thinner and more healthy. McD's won't lose much pulling out of Iceland
You could hardly call 3 resturants pervasive market penetration though. Their business model requires volume, and 3 locations were probably never going to get them over the startup costs
Originally posted by bill718 I'd say be happy McD's has left. The population will be thinner and more healthy. McD's won't lose much pulling out of Iceland
You could hardly call 3 resturants pervasive market penetration though. Their business model requires volume, and 3 locations were probably never going to get them over the startup costs
Originally posted by shavixmir Iceland doesn't have cattle.
They can't graze on frozen water.
Some people who read Jarred Diamond's "Collapse" said it was a slight anti-climax after reading the marvellous "Guns Germs And Steel". However I think it's a great book to dip into and read chunks of: it's basically a series of more or less stand alone case studies which have not been arranged to unfold in the same way as the analysis did in "Guns". "Collapse" is like a giant appendix for the earlier book.
Anyway. The section on Iceland and Greenland is very interesting.
Originally posted by FMF Some people who read Jarred Diamond's "Collapse" said it was a slight anti-climax after reading the marvellous "Guns Germs And Steel". However I think it's a great book to dip into and read chunks of: it's basically a series of more or less stand alone case studies which have not been arranged to unfold in the same way as the analysis did in "Guns". "Collapse" i ...[text shortened]... he earlier book.
Anyway. The section on Iceland and Greenland is very interesting.
27 Oct '09 12:11
McDonalds abandons Iceland
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