By now you’ve heard the news that McDonald’s has sold off Boston Market, the 630-unit chain that pioneered home meal replacement with its roast chicken and sides menu. Apparently, the concept was not so profitable. Annual sales were about $600 million, but operating profit was less than $5 million. Originally called Boston Chicken when it was created in 1985, the concept was a runaway hit, but it ran out of steam in 1998, when the company filed for bankruptcy. Most restaurant analysts said ...
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