February 9, 2021 1:53 pm
Moves to reopen McDonald’s stores for walk-in customers could help stabilise beef markets as the hospitality sector shutdown shows no sign of reversing.
The firm is one of the biggest buyers of local beef in the UK and Ireland, with many other input ingredients also sourced locally.
Ronald and Co. will hardly expect the same queues seen when drive-thru orders recommenced. But for some urban locations, it could mean the reopening of a store which has been closed for months with more Big Mac sales inevitably leading to more meat purchases.
McDonald’s sales
Globally, McDonald’s sales fell by 7.7% over the last year reflecting extended periods where many stores were closed around the world according to the firm’s latest trading statement.