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Posted: 9:47 AM Jun 8, 2009
McDonald's May Same-store Sales Rise 5.1%
OAK BROOK, Ill. (AP) -- McDonald's says its same-store sales climbed 5.1% in May, as the hamburger chain continued to prosper from budget-conscious consumers.
The Oak Brook, Ill.-based company says U.S. same-store sales climbed 2.8 percent, helped by classic menu items and its new McCafe espresso-based coffees. European same-store sales surged 7.6 percent, while same-store sales for Asia Pacific, the Middle East and Africa rose 6.4 percent.
Same-store sales, or sales at stores open at least a year, are a key indicator of retailer performance because they measure growth at existing stores rather than newly opened ones.
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Federal Open Market Committee - FOMC |
The branch of the Federal Reserve Board that determines ... |
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Harley-Davidson's Pa. Plant Thought Likely To Stay
Last Updated: 10:58 AM 11/20/09 - HARRISBURG, Pa. (AP) -- A tentative contract agreement between Harley-Davidson and union members at its south-central Pennsylvania plant pledges that the motorcycle maker will stop efforts to relocate the operation to Kentucky. (Full Story) |
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Local Homeowner Got More Than He Bargained For in Mortgage Modification Process
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Last Updated: 7:12 PM 11/19/09 - It usually takes 60 days for banks and lenders to respond to a claim. (Full Story) |
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Rockford MetroCentre Leaders Speak on Financial Stability
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Last Updated: 6:41 PM 11/19/09 - The head of the Rockford MetroCentre is hoping city leaders are feeling good about the state of finances for the entertainment venue. During a meeting today Brian Luther says financially they're ahead of where they thought they'd be. (Full Story) |
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Wis. Engineers File Lawsuit Against State
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Last Updated: 12:04 PM 11/18/09 - MADISON, Wis. (AP) -- A state union bargaining unit represented about 1,100 engineers has filed a lawsuit against the state seeking to stop layoffs. (Full Story) |
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