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Stock impact report

Lessons From The Last Recession: How Restaurants Can Thrive During Economic Turmoil [Forbes]

McDonald's Corporation (MCD) 
Last mcdonald's corporation earnings: 4/30 06:58 am Check Earnings Report
Company Research Source: Forbes
Bill Chemero is Chief Development Officer (CDO) ofWayback Burgers, one of the world’s fastest growing fast casual burger franchises.gettyWith the Great Recession in our rearview mirror,consumer confidence in the United States was highAnd yet, people will always need to eat. For many, restaurants are a primary meal source. The ones who adapt quickly and effectively to a changing environment, by finding new and innovative ways to deliver a pleasurable dining experience, will come out on top.Restaurants have survived some tumultuous times in the past. While a greatnumber of independent restaurants have closed their doorsEmbrace technology.Before the last recession, the restaurant industry was pretty old-fashioned. Beyond simple websites, few restaurants were utilizing technology in any meaningful way. After the recession, whether due to technologically savvy consumers’ demand or restaurants trying to set themselves apart, businesses began to realize the power of harnessing technology. Br Show less Read more
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