McDonald's is closing its iconic Times Square location [CNNMoney.com]
McDonald's Corporation (MCD)
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Source: CNNMoney.com
McDonald's is closing its iconic Times Square location New York (CNN Business) McDonald's has closed its iconic restaurant on 42nd Street in New York City's Times Square. The closure had been planned prior to the pandemic, the company said in a statement to CNN Business, noting that it "was a difficult decision." But McDonald's ( MCD ) will still have a large presence in the area. Workers remove a sign from a McDonald's restaurant on 42nd Street in Times Square. Last year, McDonald's opened a three-story location on 45th Street and Broadway, calling it the new McDonald's Flagship Times Square. That location seats about 170 people and showcases the company's digital ordering kiosks. The 42nd Street location closure "allows us to focus on serving customers a few blocks away at the new flagship McDonald's on 45th and Broadway and in the neighboring communities," McDonald's said, noting that it regularly reviews its restaurant portfolio. The company, whic
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MCD
Earnings
- 2/5/24 - Beat
MCD
Sec Filings
- 4/23/24 - Form 144
- 4/23/24 - Form 4
- 4/18/24 - Form PX14A6G
- MCD's page on the SEC website