Just yesterday McDonald’s new CEO Steve Easterbrook claimed that he was in the midst of developing a turnaround plan for the once unstoppable fast food force. However, it appears his ideas on how to reverse sagging sales and criticism of labor practices comes a bit too late for about 700 locations that have already closed or are slated for closing this year. [More]
sinking ship
Bally Total Fitness Files Chapter 11 Bankruptcy
By 8.1.07
Chicago-based Bally Total Fitness is out of shape financially—they just filed chapter 11 bankruptcy after struggling to attract new members.
