Company
McDonald's Corp
NYSE:MCD
McDonald's Corp is the world’s leading global foodservice retailer with over 40,000 locations in over 100 countries. Approximately 95% of McDonald’s restaurants worldwide are owned and operated by independent local business owners.
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Subway suitors to team up for multibillion-dollar bid
Advent International, Bain Capital and TPG are poised to team up to place a bid for Subway
McDonald's ups prices again and blames inflation
McDonald's will raise the prices of some of its products for the second time in six weeks, as higher costs continue to bite
McDonald's refuses franchise owners' requests to delay policy change
Franchisees operate roughly 95% of the company's restaurants
McDonald's posts higher than expected US same-store sales growth in Q2 2022 thanks to higher prices and value items
However, the company's president and chief executive officer Chris Kempczinski noted that the environment is still “challenging” as inflation and the war in Ukraine weighed on the restaurant group's overall quarterly earnings
McDonald's to sell its 850 Russian restaurants to Siberian franchisee
After more than 30 years in Russia, McDonald's has begun selling its restaurants
McDonald's pork policies under fire from activist investor Carl Icahn
The fast-food chain announced in 2012 that within 10 years it would stop doing business with pork suppliers who use gestation stalls, but is now pushing back this deadline by two years
McDonald’s deals in IBM to automate ‘drive-thru’
Automated order taking is expected to yield “substantial benefits”
McDonald's runs out of milkshakes as lorry driver shortage impact spreads
“Bottled drinks and milkshakes are temporarily unavailable in restaurants across England, Scotland and Wales"
McDonald’s plans to open 50 new outlets, create about 20,000 new jobs in the UK this year
McDonald's is already one of the UK and Ireland's biggest employers
McDonald’s sued for US$10bn as US entrepreneur says it discriminates against Black-owned media outlets
The lawsuit was brought forward by Entertainment Studios Networks owner Byron Allen
McDonald’s sets goal to reach gender parity in leadership roles by 2030
The fast-food giant has also set diversity targets days after a US franchise owner accused it of racial discrimination
UK market needs to keep up with plant-based meat alternatives as McDonald’s launches vegan line
The plant-based alternatives market in the EU and UK is expected to nearly double in five years, but London doesn't have a pure-play food producer like Beyond Meat
McDonald’s sues former CEO, alleges new evidence on employee relationships
Steve Easterbrook was terminated by the fast food giant in November last year after the board concluded that he had violated company policy by engaging in a relationship with one of its employees
McDonald's to reopen 700 UK restaurants as restrictions ease
Customers will order at the till or kiosk using the burger chain’s My McDonald’s app
McDonald's holds off on dine-in service in the US as coronavirus cases keep climbing
The fast food chain plans to wait another three weeks before it makes a decision about resuming normal business at its restaurants, according to the Wall Street Journal