Remove 2005 Remove 2010 Remove Finance Remove Retail
article thumbnail

McDonald’s Has to Do More than Manipulate Its Stock Price

Harvard Business Review

The company’s executives said that to help finance the plan, McDonald’s would increase refranchising (turning company-owned restaurants into franchises), take on more debt (even at the risk of lowering its bond rating ), and find $300 million to cut in general and administrative expenses. million in 2014 to a high of $12.6

Price 8
article thumbnail

Many Companies Still Don’t Know How to Compete in the Digital Age

Harvard Business Review

By 2005, Kodak ranked No. It dominated the ultra-profitable, digital-photo-kiosk market, even pushing archrival Fuji out of Walgreens’s retail-pharmacy juggernaut. By 2010, Kodak had clawed its way to No. Kodak accepted the pain of shuttering plants and laying off tens of thousands of film-factory workers. 3 globally).

article thumbnail

Europe’s Other Crisis: A Digital Recession

Harvard Business Review

And a recently released report suggests that Europe’s digital divide problem extends way beyond the Atlantic; Europe is a distant third behind North America and Asia for $100 million plus financing for VC backed companies. based corporations – prominent examples being Skype, founded in Estonia, acquired by eBay in 2005 for $2.6

Crisis 8