- Aldi reportedly is looking for a location in Atlanta on which it can build a 400,000-square-foot distribution facility. The company currently has six stores in Georgia and plans more expansion there.
- Tesco reportedly will expand its nonfoods offerings to include musical instruments such as drums, guitar, and keyboard. In the beginning the instruments will be sold via the company’s website, but there are plans to build it onto the company’s brick-and-mortar stores.
- Reuters reports that analysts are questioning whether McDonald’s current strategy of investing heavily in its existing restaurants is a matter of “throwing good money after bad.” Rather, the analysts believe that McDonald’s ought to be providing dividends to its shareholders or buying back stock and rising earnings per share.
