McDonald's To Close About 200 U.S. Restaurants Due To COVID-19

McDonalds is said to be closing at least 200 locations in the United States. Majority of the locations closing will be the ones inside Walmart stores. McDonald's locations with drive thru's have been able to recover more quickly but locations inside malls and other locations have had a harder time.

CEO Chris Kempczinski said the coronavirus has impacted sales globally,

Within a matter of weeks, the McDonald’s system made operational modifications across 30,000 restaurants, while closing and then reopening another 9,000 restaurants. We introduced new safety procedures in all our restaurants, modified our menus, and developed new contactless ways to serve our customers.

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