This boasts a delicious menu including the ‘Mash Donald’s baguette burger’ (instead of a Big Mac) and a 46-centimeter long sandwich! Macedonia, a small European country in the Balkans, was once home to seven glorious McDonald’s restaurants, with a few in the capital, Skopje. All in all, it’s a completely unfeasible place for McDonald’s to invest there. With no warning, all of the restaurants w… What would we do without our favorite... Do you remember the grocery store scene from Zombieland? McDonald’s got the boot during the revolution in Iran, after which there was a massive rejection of American culture. If you want to see it, there is a webcam running on the exhibit constantly so you can check in for decay whenever you want! In fact, this is the only Latin American country without a McDonald’s! Montenegro does have a few places to grab a nice American burger if you’re really desperate though, like the Hard Rock Café. The Prime Minister at the time was pictured sinking his teeth into a burger, and it made all the papers (that was basically viral in those days). Money had basically no value due to hyperinflation. In New Zealand, McDonald’s acquired most of the premises of the failed Georgie’s Pies chain.) I think their biggest mistake is that they keep the same price range they use in the U.S., $4–5 for a meal is too high for Vietnamese while most common meals are only $1 or $2. Although it seems like cheap food to us, Bolivia actually has similar ‘meal deals’ from local restaurants or street vendors for half the price. McDonald's menu has grown 42.4% in the past seven years, from 85 items in 2007 to 121 items today, according to The Wall Street Journal. McDonald’s have said ‘in the future we may take steps to open McDonald’s restaurants in Iran’, so it’s looking promising. Well, its not just that, McDonald’s also reportedly asked for $2 billion from the local businessperson to kickstart their investment in a franchise, as well as spending a whopping 9 unpaid months working in the restaurant. I lived in Danang for a year, the 3rd biggest city in Vietnam. All of them were with friends or on our way back from trips. This small Balkan country of just 600,000 people has mounted a surprising amount of resistance against the addition of a McDonald’s store to Montenegro. In the last 4 years of entry, McDonald's has been able to … Nando’s and Steers are very big names in the south of Africa and have stayed profitable even in the financial uncertainty. Tập đoàn đồ ăn nhanh hàng đầu thế giới McDonald's (Mỹ) vừa thông báo chọn ông Nguyễn Bảo Hoàng, nhà sáng lập Good Day Hospitality kiêm Tổng giám đốc quỹ đầu tư IDG Ventures, làm đối tác nhượng quyền tại Việt Nam. In more recent times, Americans have even been banned from North Korean soil, so it is unsurprising that the huge American corporation is not allowed to operate there. However, Kim Jong Il claimed to have invented something called ‘Gogigyeopbbang’, which means ‘double bread with meat’, and was essentially a hamburger. But in Vietnam, McDonald’s has 17 stores […] Due to it small population, it can be difficult to break into the Icelandic economy, so there aren’t many global franchises in the country. Although this was changed, other menu issues such as the lack of classic Jamaican food and alcohol in McDonald’s restaurants. Oof! In Vietnam, however, the brands have failed to take off. Until one day in 2013… poof! CNBC released a short video clip on McDonald’s and Burger King’s failure in Vietnam despite glowing success in other countries and particularly other Asian countries such as China and Japan. Add into the mix that these are all made fresh and it is obvious that McDonald’s doesn’t really fit in there. But it’s not just Burger King that McDonald’s is fighting against! While the figure for… Looking at the mess they made of their move to Jamaica, it’s not surprising that this was also unsuccessful. Only the first 24h, they had served 22,500 clients. McDonald’s Vietnam opened its first restaurant in Ho Chi Minh City in February 2014. From low... Ah, breakfast, the most important meal of the day. Welcome to my blog. ( Log Out /  This meant that the owner had to close all their stores, and no one has been brave enough to try it again. Just as with... Click Here to join our content program and start making money! That’s quite a big ask. Ok, this one seems pretty obvious. 5. Amazingly, there was a McDonald’s in Iran once upon a time, which closed in 1979. McDonald's menu has grown 42.4% in the past seven years, from 85 items in 2007 to 121 items today, according to The Wall Street Journal. Any $3 meal is considered luxury. Change ), You are commenting using your Facebook account. Until one day in 2013… poof! Any $3 meal is considered luxury. Reading Time: 2 minutes Reason 1: Burgers are expensive A burger meal in Vietnam (burger + fries + coke) costs $3, while a roast pork banh mi (sandwich) costs $0.5 and in $1 you could get a whole Vietnamese lunch meal. But studying failure in business is just as important as studying success. Well, this could be a problem for existing fast-food joints that already operate there. Recently, McDonald’s lost its trademark on the Big Mac, and Burger King picked it right up. In Vietnam, however, the brands have failed to take off. Surprisingly, despite the population of 2.074 million, there was little presence from McDonald’s apart from one small franchise. But is this likely to happen? Nguyen Bao Hoang, founder of Good Day Hospitality, the franchise holder of the McDonald’s brand in Vietnam, said this was feasible based on the success that McDonald’s has had around Asia: 400 restaurants in the Philippines, 260 in Malaysia, and 195 in Thailand. In America, we like to think we have everything we could possibly need, especially in terms... America’s love affair with fast food is like a long and romantic nightmare. With no warning, all of the restaurants were closed overnight, and hungry customers were confronted with a ‘temporary closure’ notice in place of their morning McMuffin. Amazingly, after many years eating the copycat’s food, it seems Iranians might be about to get the real deal. Vendors also offered a variety and tradition that McDonald’s just couldn’t compete with. So why couldn’t it stay afloat? 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