McDonald’s Blames Economy for Sluggish July Same Store Sales

“NEW YORK (AP) — McDonald’s Corp. is blaming a sluggish economy for keeping a key sales figure flat in July.

The world’s biggest hamburger chain says revenue at restaurants open at least 13 months was the same as a year ago, as diners pulled back amid a tough economy. After years of outperforming expectations, even through the recession, the results are the latest sign that McDonald’s is starting to feel the effects of the global economic volatility.”

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