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Tuesday, Aug 6
Franchisees at McDonald's getting testy
- McDonald's (MCD -0.7%) faces accusations from franchisees that it's shifting too many new fees onto their backs and charging too much for remodels of run-down stores.
- What started as loose chatter, has now escalated to organized communication between franchisees.
- The beef of the group might hold some weight. McDonald's franchisee income rose 8% on average over the last five years, double the growth rate of total revenue for the restaurant operator.