McDonald’s Evacuates Iceland

Back to that natural Viking way of eating:

‘Iceland’s McDonald’s Corp. restaurants will be closed at the end of the month after the collapse of the krona eroded profits at the fast-food chain, McDonald’s franchise holder Lyst ehf said. McDonald’s in Iceland, which imports most of the ingredients it uses in its meals, will shut after costs doubled over the past year, Lyst said in an e-mailed statement today. The franchise holder said it doesn’t expect the situation to change in the short term.

via McDonald’s Closes in Iceland After Krona Collapse (Update1) – Bloomberg.com.


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