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McDonald’s to Close 200 US Restaurants as ‘Vagaries of Pandemic’ Wear On

CEO Sees Second Quarter as Low Point of 2020 Performance
McDonald's sales fell in the pandemic, and the fast food chain is generating 90% of its revenue from drive-thru sales. (CoStar)
McDonald's sales fell in the pandemic, and the fast food chain is generating 90% of its revenue from drive-thru sales. (CoStar)
By Jennifer Waters
CoStar News
July 28, 2020 | 10:44 P.M.

McDonald’s fast-tracked about 200 U.S store closings and funneled funds to franchises for remodeling as the coronavirus forced the burger chain to shut restaurants across the world.

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