Venezuela's government has shut all branches of restaurant chain McDonald's for 48 hours, citing tax irregularities, officials have said. The head of the country's tax agency, Jose David Cabello, said the chain had inconsistencies in its accounts. The 115 branches in Venezuela were closed from Thursday to Saturday.
Venezuela's government has shut all branches of restaurant chain McDonald's for 48 hours, citing tax irregularities, officials have said.
The head of the country's tax agency, Jose David Cabello, said the chain had inconsistencies in its accounts.
The 115 branches in Venezuela were closed from Thursday to Saturday.
Much of Americana suburbia was completely lacking in both coffee establishments, and in the kind of semi-public lounge space that Starbucks provides.
The "Starbucks destroys local competition" argument comes very loudly from the few places in the US that actually had coffee shops.
And, from what I experienced in the Ann Arbor, MI area, one of the reasons for Starbuck's success was the fact that it made better coffee (at least by my tastes) and had a better social environment than the competition.
It wasn't a better financed but generally inferior competitor - it was a better financed and generally equivalent competitor.