date:Jan 27, 2014
Fast food giant McDonald's has outlined plans to open 1,500 -1,600 new restaurants, in a move to expand retail network in 2014.
As part of the expansion plan, the company has earmarked $2.9bn - $3bn for openings as well as reimaging of over 1,000 existing locations.
McDonald's president and chief executive officer Don Thompson said while 2013 was a challenging year, the company began 2014 with a renewed focus on the global growth priorities that are most impactful to their customers
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