McDonald’s exit from Russia brings up to 40% increase in revenue from competitors

McDonald’s exit from Russia brings up to 40% increase in revenue from competitors

The “winners” of McDonald’s debut were most of the remaining food service organizations, especially those with burgers on the menu. That is, the turnover increase in one of the similar fast food chains was 40%. On average, businesses selling pizza and rolls saw a 10% increase in turnover. More famous brands – 15-20% each. According to Russian business forecasts, everyone in the catering segment has more visitors, most likely due to the holidays and the season.

Sarah Baker (Photo: still from the movie “Tammy”)

Previously on his social networks, the founder of Teremok restaurants, Mikhail Goncharov, He talked about competition with McDonald’s. No one will replace McDonald’s in Russia, since no one in Russia has a similar complexity and business system, ”the statement said. He also noted that McDonald’s has always had “extremely low” average check and meal prices. This is because the network was originally designed as a “business to operate at extremely low technologically low prices” – “a kind of discounter”, Goncharov explained.

In May, it became known that the American company sold its outlets in Russia to one of the restaurant franchisees, Alexander Govor, and at the end of the month, Moscow-McDonald’s registered the domain name veseloivkusno.ru, but this name is reportedly for sale. organization will be different.

Source: People Talk

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