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Scallywag & Vagabond reports that McDonald's (MCD +0.5%) served its last hamburgers in...

Scallywag & Vagabond reports that McDonald's (MCD +0.5%) served its last hamburgers in Bolivia after pulling the plug on its 8 stores in the nation due to poor profit margins. The bigger question: Is the move just an insignificant blip on Mickey D's global expansion plans or a signal that the firm's ties to unhealthy fast food and American imperialism could dent sales in more countries?
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Comments (9)
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    Its more like the corruption in the country...here in Colombia where I live..they do a gangbuster business...the top....
    27 Dec 2011, 11:15 AM Reply Like
  • Diesel Good
    , contributor
    Comments (125) | Send Message
     
    MCD is cutting their losses and getting out of a poverty ridden country (53%). Who of you can even name the capital of Bolivia? Sucre. Ever hear of Sucre? Me neither. The only fault of MCD was to even try to make a go of it in Bolivia. Bad management decision then - good management decision NOW.
    27 Dec 2011, 11:39 AM Reply Like
  • StockData.org
    , contributor
    Comments (44) | Send Message
     
    Capital of Bolivia is La Paz also (yes, two capitals)....
    28 Dec 2011, 10:22 AM Reply Like
  • richjoy403
    , contributor
    Comments (9411) | Send Message
     
    MCD provided a credible explanation for their leaving Bolivia.

     

    For Scallywag & Vagabond to attempt to make something else of MCD's leaving Bolivia seems most likely a case of a 'nobody' attempting to spin a story in a manner that garners attention to them by moving the spotlight from MCD to S&V, so that they can become a 'somebody'.

     

    Need more?...Here are 3 articles from Scallywag & Vagabond's home page...
    (1) "NSFW: Solo Sperm donator wants to show you how he masturbates the good stuff in front of 3 million visitors".
    (2) "Yippee! Brothel to open sci fi themed hooker house for men who prefer bedding women from out of this world".
    (3) "Man impersonating surgeon arrested performing liposuction while smoking a cigar".
    27 Dec 2011, 12:24 PM Reply Like
  • new slang
    , contributor
    Comments (169) | Send Message
     
    8 stores in a poor country... not even a blip
    27 Dec 2011, 03:20 PM Reply Like
  • jedsil
    , contributor
    Comments (3) | Send Message
     
    I can understand why people in a country where beans and rice are a staple might not want to eat a fried hamburger patty, but "American Imperialism?" Really? Before you undertake economic analysis, please don't read the New York Times editorial page.
    28 Dec 2011, 08:26 AM Reply Like
  • StockData.org
    , contributor
    Comments (44) | Send Message
     
    Thought the same thing. Who wrote that summary?
    28 Dec 2011, 10:25 AM Reply Like
  • tom tom
    , contributor
    Comments (60) | Send Message
     
    BOLIVIA? Where in the hell is Bolivia? I sure ass hell wont VACATION there. NO MORE MCD,where in the hell could you get a good cup of coffee in this backward country!
    28 Dec 2011, 08:40 AM Reply Like
  • richjoy403
    , contributor
    Comments (9411) | Send Message
     
    "The Ugly American" was written in 1958...unfortunately, more than 50 years later...he lives on.
    28 Dec 2011, 09:51 AM Reply Like
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