McDonald’s abruptly closes location adding to over 400 shut downs in 4 years as owners admit it’s a ‘difficult decision’
THE sun has set over the golden arches as another McDonald’s location suddenly closed.
Fast food fans have said goodbye to the McDonald’s location in Latham, New York.
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While the exact date of the closure is unclear, franchisee Vincent Spadea said through McDonald’s Corporate that economic challenges played a large role.
“Our goal is to nourish and nurture communities. Due to a number of operational and economic challenges, we have made the difficult business decision to cease operations at this location at this time,” said Mr. Spadea.
“However, we are always looking for new ways to serve our customers,” he added.
Mr. Spadea owns and operates McDonald’s locations in New York, Massachusetts, Vermont, Rhode Island and New Hampshire.
Read more about store closures
The location began in 1976 with more than 4,500 square feet of rentable space, according to city records obtained by The Business Journals.
Despite the closure of McDonald’s 1122 Troy-Schenectady Road, customers can still purchase their favorite menu items at other locations off Route 9 in Latham.
There is also another on Wolf Road, one on Central Avenue and one on Osborne Road.
A LOOK BACK
According to Restaurant Business, the burger giant closed over 400 locations between 2019 and 2021.
Additionally, the site reported that McDonald’s sales declined in 2012.
At its peak in 2014, McDonald’s had 14,350 locations in the U.S. but then began closing restaurants.
Between 2014 and the end of 2021, the fast food store closed more than 900 branches.
CURTAIN
McDonald’s lost nearly 10 stores in New York state due to the redevelopment of 27 service areas.
During that time, however, the area has made way for its rival, Shake Shack.
Shake Shack officially opened in surrounding areas this month, but many other rest stops also offered more dining options.
IN THE NEWS
McDonald’s isn’t the only one affected by closures, Burger King will also lose a location in Berea, Kentucky next month.
Ashley Nicole, a manager at Burger King, told WBON-TV that the restaurant will close by the end of October and be replaced by the Casey’s supermarket chain.
However, if this doesn’t happen, Nicole warned that the closure would be “indefinite.”
She added that the company had already terminated its employees weeks ago and paid them appropriate severance pay.
A popular Chinese restaurant suddenly closes after 40 years, with customers calling it “bittersweet.”
Additionally, six popular restaurant chains that once had thousands of locations have died out after bankruptcy.
