McDonald's closes lower Canal Street store, as did Starbucks ...

McDonald's has closed its last restaurant on lower Canal Street in New Orleans, with the franchise owner citing "a multitude of reasons" for the shuttering less than three months after Starbucks closed its flagship store directly across the busy thoroughfare. The local owner would not pinpoint any particular reason behind the move, made by the international chain's corporate office, to close the outlet. He said it was a commercial decision to cease operations at 711 Canal, where McDonald's opened in the 1990s. "If you know McDonald's, you know it takes...