Wendy’s burger chain severed its agreement with its sole franchise owner in Japan, temporarily leaving a market long dominated by McDonald’s Corp.
Japan’s burger business has long been dominated by McDonald’s, which is said to enjoy around a 65 percent market share.
McDonald’s Corp. opened its first burger shop in Tokyo’s glitzy Ginza district in 1971. Since then, the number of McDonald’s shops in Japan has swelled to 3,720. (chicagobusiness.com)
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