Tuesday, December 31, 2013

Fast Food Flight

Why is it so hard for fast food places to stay in the U.S.?
"Under the current U.S. business climate, regulatory and tax restrictions tend to curb otherwise dynamic entrepreneurial energy," Puzder said. "We'd love to see more growth in domestic markets. Unfortunately, it's easier for our franchisees to open a restaurant in Siberia than in California."

In the U.S., the company's Hardee's division is expanding in New York, New Jersey, Chicago and South Florida. Meanwhile, the Carl's Jr. division is growing in Texas and the Seattle area.

Puzder named Brazil, Russia, India, China and Europe as the places where he sees the greatest opportunities for growth.

"Other than Antarctica and the North Pole, I can't think of any countries we're not looking at," he added.
Unfortunately, penguins don't eat burgers and fries...

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