McDonald’s (MCD) CEO Chris Kempczinski Adds Chairman Role: McDonald’s Corp. Chief Executive Officer Chris Kempczinski will add the role of executive chairman as ...
bloomberg.com/news/articles/2024-03-19/mcdonald-s-ceo-adds-chairman-role-as-lead-director-retires
Paid articlePaid
McDonald’s is promising ‘attention to affordability’ after the price of Big Mac meals hits $18
fortune.com/2024/02/06/mcdonalds-ceo-chris-kempczinski-focus-on-affordability-q4-sales/
Paid articlePaid
McDonald's Responds After Being Accused of Selling 'Raw' Burgers: The fast food giant was quick to respond after the accusation was shared in a social media post ...
newsweek.com/mcdonalds-raw-burgers-quarter-pounders-twitter-x-1871265
McDonald’s says Israel boycotts are hurting its business : McDonald’s on Monday said the ongoing tensions in the Middle East are putting a dent in its business ...
thehill.com/business/4449853-mcdonalds-says-israel-boycotts-are-hurting-its-business/
Quick Glance: McDonald's CEO Pledges to Address Menu Price Concerns
- McDonald’s CEO acknowledges customer dissatisfaction with menu prices and commits to prioritizing affordability this year.
- The latest quarter saw global same-store sales growth of only 3.4%, falling short of Wall Street's 4.7% expectation.
- Low-income customers, earning less than $45,000 annually, have significantly reduced their orders from McDonald’s.
- Despite the current criticism, McDonald’s anticipates further price increases this year, but at a slower rate of 2% to 3% compared to last year’s 10%.
After Some Good Times, McDonald's Just Made a Painful Admission. Here's What's About to Change
inc.com/minda-zetlin/after-some-good-times-mcdonalds-just-made-a-painful-admission-heres-whats-about-to-change.html
After a bumpy end to a banner year, McDonald’s says sales growth will moderate in 2024
chicagotribune.com/2024/02/05/mcdonalds-sales-growth-2024/
McDonald’s brings back fan-favourite menu item: ‘We think we’re going to be able to deliver a great tasting large burger at a superior value to what [customers] ...
independent.co.uk/life-style/food-and-drink/mcdonalds-double-big-mac-menu-b2477111.html
Quick Glance: McDonald's Brings Back Double Big Mac
- The Double Big Mac returns on Jan. 24 for a limited time at participating restaurants in the US.
- It features four 100% all-beef patties and extra Big Mac sauce.
- CEO Chris Kempczinski hinted at the return of the Double Big Mac in a CNN interview.
- McDonald's plans to test options in limited markets and roll out winning concepts more widely.
McDonald’s Vows to Continue Breakneck Expansion in 2024: McDonald’s Corp. will maintain its breakneck expansion in China despite weak consumer sentiment ...
bloomberg.com/news/articles/2024-02-06/mcdonald-s-looks-to-boost-china-presence-with-1-000-new-outlets
Paid articlePaid
McDonald's CEO: 'Misinformation' about Israel-Gaza stance war hit sales: People called for a boycott of the chain after McDonald's Israel said it was giving ...
businessinsider.com/mcdonalds-ceo-misinformation-about-israel-gaza-stance-war-hit-sales-2024-1
McDonald’s Blames ‘Misinformation’ About Stance On Gaza War For Hurting Middle East Business
forbes.com/sites/zacharyfolk/2024/01/04/mcdonalds-blames-misinformation-about-stance-on-gaza-war-for-hurting-middle-east-business/
McDonald’s unveils spinoff CosMc’s, weirder than expected: With CosMc’s, McDonald’s seems to be looking at Starbucks’ playbook — a focus on cold ...
mercurynews.com/2023/12/07/mcdonalds-unveils-spinoff-cosmcs-weirder-than-expected/
McDonald's plans record global expansion, remains optimistic about China: CEO: By 2028, the fast food chain plans to reach 10,000 restaurants in China ...
finance.yahoo.com/news/mcdonalds-plans-record-global-expansion-remains-optimistic-about-china-ceo-213227692.html
McDonald’s unveils spinoff CosMc’s, weirder than expected: With CosMc’s, McDonald’s seems to be looking at Starbucks’ playbook — a focus on cold ...
mercurynews.com/2023/12/07/mcdonalds-unveils-spinoff-cosmcs-weirder-than-expected/
Mysterious McDonald's spinoff CosMc's makes an appearance in the Midwest: McDonald’s mystery spinoff restaurant, CosMc’s, is getting a little less mysterious.
foxbusiness.com/lifestyle/mcdonalds-spinoff-cosmcs-pops-up-midwest
McDonald's is serving up a sizzling growth plan for its investors as it looks to expand its customer base worldwide.
The Golden Arches chain announced during ... Show more
McDonald's is giving its burgers a makeover — here's what changes are coming: McDonald's has made a major overhaul on how it'll be cooking burgers ...
nypost.com/2023/11/30/lifestyle/mcdonalds-is-giving-its-burgers-a-makeover-changes-explained/
In 1 Sentence, McDonald's Announces a Big Change and Shows Why It's the Best Brand in the World
inc.com/nick-hobson/in-1-sentence-mcdonalds-ceo-announces-a-big-change-shows-why-it-is-best-brand-in-world.html
McDonald's CEO: War in the Middle East is weighing on business: McDonald's is making losses. According to the CEO, “misinformation” about his stance on the ...
businessinsider.de/politik/mcdonalds-ceo-fehlinformationen-schaden-israel-geschaeft/
McDonald's CEO blames 'misinformation' for West Asia sales hit: McDonald's CEO Chris Kempczinski has blamed 'misinformation' for its losses ...
wionews.com/videos/mcdonalds-ceo-blames-misinformation-for-west-asia-sales-hit-677091
McDonald’s wants to become even more convenient for customers: The fast-food restaurant is planning for its most rapid expansion in its history.
charlotteobserver.com/news/business/article282767983.html
McDonald’s CEO sends dire warning to California: The fast food leader perceives a growing problem in the Golden State.
charlotteobserver.com/news/business/article281305073.html
McDonald's beat earnings estimates for the third quarter as higher menu prices boosted sales growth.
As consumers buckled down on where they spent their money ... Show more
McDonald's, Chipotle to raise menu prices in California next year as fast-food wages rise to $20
cnbc.com/2023/10/30/mcdonalds-chipotle-to-raise-california-menu-prices-as-fast-food-wages-rise.html
McDonald's CEO explains why the company benefits from a 'difficult' economy: When consumers struggle with affordability, the fast-food chain profits ...
thestreet.com/restaurants/mcdonalds-ceo-explains-why-the-company-benefits-from-a-difficult-economy
During a July earnings call, McDonald’s CEO Chris Kempczinski teased news that the burger giant was about to experiment with a new restaurant idea — something ... Show more
McDonald’s menu stocks up on global variations: McDonald’s (MCD.N) status as the world’s go-to meal means it’s competing with an uneven global economy as much as ...
reuters.com/breakingviews/mcdonalds-menu-stocks-up-global-variations-2023-10-30/
McDonald's Menu Prices Will Need to Keep Increasing, CEO Says: CEO Chris Kempczinski called out a minimum wage hike in California as placing pressure on prices ...
newsweek.com/mcdonalds-menu-prices-increasing-ceo-california-minimum-wage-1839824
This new McDonald’s China menu item is a meat lover’s dream: The fast-food giant has delivered a new sandwich, and you might want to ask your doctor about it ...
kentucky.com/news/business/article280537699.html
McDonald’s must face racial discrimination lawsuit tied to CEO texts over Chicago shooting deaths, judge rules
chicagotribune.com/business/ct-biz-mcdonalds-racial-bias-lawsuit-20230829-w6dcpmsm65gzzg6aa4s2gy7ht4-story.html
McDonald's, CEO must face ex-security executive's race bias claims: A federal judge in Chicago on Tuesday refused to dismiss a lawsuit accusing McDonald's Corp ...
reuters.com/legal/mcdonalds-ceo-must-face-ex-security-executives-race-bias-claims-2023-08-22/
After McDonald's Grimace success, are new restaurants next? What we know about 'CosMc'
usatoday.com/story/money/food/2023/08/08/mcdonalds-cosmc-restaurant-concept/70551002007/
McDonald’s posts strong sales after ‘happy birthday’ Grimace campaign goes viral; plans new small-format stores next year
chicagotribune.com/business/ct-biz-mcdonaldsresults-ap-20230727-os7uctderrckvajxqpng5tkmnq-story.html
Paid articlePaid
Quick Glance: McDonald's Achieves Strong Sales After Viral 'Happy Birthday' Grimace Campaign; Plans New Small-Format Stores Next Year
- CEO Chris Kempczinski announced that McDonald's will test a new concept called CosMc's next year.
- Thanks to a marketing campaign celebrating the 'birthday' of the purple mascot Grimace, McDonald's has seen surprisingly strong sales in the second quarter.
- According to CFO Ian Borden, the price increases that have contributed to McDonald's sales growth in recent quarters will decrease as inflation goes down.
- McDonald's is attracting higher-income customers who are transitioning from sit-down restaurants to fast food.
McDonald's to debut new spinoff restaurant concept called CosMc's next year: McDonald's CEO Chris Kempczinski announced during an earnings call that the company ...
foxbusiness.com/lifestyle/mcdonalds-debut-new-spinoff-restaurant-concept-called-cosmcs-next-year
McDonald's to test CosMc's new small format concept, CEO announces: The McDonald's CEO said the fast food chain will test a new small format concept called ...
goodmorningamerica.com/food/story/mcdonalds-test-cosmcs-new-small-format-concept-ceo-101768562
McDonald’s developing new store format called CosMc's: The fast food chain expects to test the new stores in some markets starting early next year.
chicagobusiness.com/node/1059696
Paid articlePaid
At McDonald's, prices are now falling: new branches planned: In view of the galloping inflation, McDonald's has also increased prices in the past ...
berliner-zeitung.de/news/mcdonalds-stellt-preissenkungen-in-aussicht-und-plant-weitere-lokale-li.373502
Forget Grimace, McDonald's Is Already Planning Its Next Nostalgic Character Comeback
foodandwine.com/mcdonalds-spinoff-restaurant-cosmc-character-7568139
McDonald's diners order less, switch to value items to save money: McDonald's customers are "trading down" to its core and value menu items ...
businessinsider.com/mcdonalds-customers-trade-down-order-value-menu-save-money-grimace-2023-7
Paid articlePaid
OUT OF THIS WORLD: The name of the new restaurant stems from a six-armed alien character. trib.al/l5Vd6Vy
McDonald’s is pulling from its global business to drive efficiencies. The company is taking best practice learnings from its global markets and examining how ... Show more
Why McDonald’s is looking south for domestic growth. During the company’s Q2 earnings call, CEO Chris Kempczinski said demographic shifts to the south and ... Show more
McDonald’s to create spinoff restaurant CosMc’s after Grimace Birthday Meal success - UPI.com
upi.com/Top_News/US/2023/07/27/mcdonalds-spinoff-cosmc-grimace-birthday-meal/3651690496271/
People Aren’t Buying McDonald's Fries Because The Economy Sucks: McDonald’s ballers on a budget are killing the fast food restaurant’s fry and delivery sales ...
kotaku.com/mcdonalds-french-fry-orders-sales-delivery-recession-1850386590
McDonald’s customers are starting to balk at higher Big Mac prices: McDonald's could have had a fatter quarter, but inflation is causing a problem for the fast ...
finance.yahoo.com/news/mcdonalds-customers-are-starting-to-balk-at-higher-big-mac-prices-134418597.html
Editorial: Here’s how McDonald’s is improving its burgers and buns. There’s a lesson for Brandon Johnson.
chicagotribune.com/opinion/editorials/ct-editorial-mcdonalds-burgers-onions-buns-layoffs-chris-kempczinski-20230421-utvygzz6hrhzhg6vwbstx56qsi-story.html
McDonald’s closes corporate offices ahead of layoffs: The layoffs come about three months after CEO Chris Kempczinski referenced plans to cut jobs in a January ...
nydailynews.com/news/national/ny-mcdonalds-layoffs-closes-offices-20230403-lpriezejgndsnaquzt5qp2tqyi-story.html
Quick Glance: McDonald's risks inciting employee resentment by joining the trend of virtual layoffs.
- McDonald's is the latest company to ask employees to work from home during layoffs, which has sparked criticism.
- According to a person familiar with the company's plans, the fast-food chain told corporate employees to work remotely Monday through Wednesday to maintain confidentiality while it cut hundreds of jobs.
- Virtual layoffs had become standard practice during pandemic lockdowns due to the sudden and immediate need for businesses to downsize.
- Meta conducted mass layoffs via email.
NEW: McDonald’s first-quarter sales and profit outpace estimates, a renewed sign that it's picking up customers amid stubborn inflation.
McDonald's diners are pushing back against price increases in some markets, CEO says
cnbc.com/2023/04/25/mcdonalds-diners-push-back-against-price-increases.html
McDonald’s Temporarily Shuts U.S. Offices as Chain Prepares for Layoff Notices: Fast-food company expected to notify workers of their job status virtually
wsj.com/articles/mcdonalds-temporarily-shuts-u-s-offices-as-chain-prepares-for-layoff-notices-36fef317
Paid articlePaid
McDonald's CEO Earned Over 1,150 Times More Than His Average Employee: Report
ndtv.com/feature/mcdonalds-ceo-earned-over-1-150-times-more-than-his-average-employee-report-3915811
McDonald's diners are pushing back against price increases in some markets, CEO says
cnbc.com/2023/04/25/mcdonalds-diners-push-back-against-price-increases.html
McDonald' says fewer people are ordering fries with their burgers: McDonald's is ultimately still a "beneficiary" of the economic climate as people switch to the ...
businessinsider.com/mcdonalds-inflation-fewer-people-ordering-fries-with-burgers-economy-restaurant-2023-4
Paid articlePaid
Chicago Mayor Candidate Backed by Police Makes It to Runoff: Chicago’s mayoral elections is headed for a runoff, with a former head of the city’s school system ...
bloomberg.com/news/articles/2023-03-01/former-chicago-schools-chief-leads-mayoral-election-into-runoff
Quick Glance: Chicago's First Openly Gay, Black Woman Mayor Loses Re-Election
- Rivals chastised Lori Lightfoot for the city's rising crime rates.
- Lori Lightfoot, Chicago's first Black woman and openly gay mayor, became the city's first non-re-election mayor in 40 years on Tuesday, according to US media.
In Chicago, High Crime Leads to a Mayor’s Downfall: Lori Lightfoot’s unusual defeat in a primary contest is a warning to leaders across the country: Voters have ...
bloomberg.com/opinion/articles/2023-03-02/chicago-mayor-lori-lightfoot-s-loss-has-one-cause-crime
McDonald's has a clever way of making you eat more burgers (it's not the technology)
zdnet.com/article/mcdonalds-has-a-clever-way-of-making-you-eat-more-burgers-its-not-the-technology/
TikTok Is Not a Fan of McDonald's New AI Ordering System: Mcdonald's new AI ordering system may have been rolled out too soon, according to these ...
foodandwine.com/mcdonalds-new-ai-ordering-system-tiktok-7109826
Chicago Police Chief Resigns After Lightfoot Loses Reelection: Chicago’s police chief announced his resignation one day after Lori Lightfoot became the first ...
bloomberg.com/news/articles/2023-03-01/chicago-police-chief-resigns-day-after-lightfoot-loses-relection-leq9zgwe
McDonald’s CEO says layoffs are coming: McDonald's is planning to cut some of its corporate staff, CEO Chris Kempczinski said in a memo to employees Friday.
cnn.com/2023/01/06/business/mcdonalds-layoffs/
Quick Glance: McDonald's aims to grow restaurant openings while cutting jobs
- McDonald's announced intentions to increase restaurant openings while also reducing workers on Friday.
- Kempczinski further stated that the employment cuts are not intended to save money.
- "We must accelerate the pace of our restaurant openings to fully capture the increased demand we've driven over the past few years," Kempczinski wrote in the memo.
- Kempczinski stated that the corporation will finalize and begin communicating layoff choices by April 3. Kempczinski also stated that the corporation needs more centralization to minimize menu item duplication, such as a crispy chicken sandwich.
McDonald's sales soaring after price hikes, adult Happy Meals: The fast-food giant says more customers are coming to its restaurants, and they're spending more ...
businessinsider.com/mcdonalds-sales-soaring-after-price-hikes-adult-happy-meals-2023-1
Paid articlePaid
McDonald's to boost restaurant growth, streamline some programs: Burger chain McDonald's Corp (MCD.N) said on Friday that it will review corporate staffing ...
reuters.com/business/retail-consumer/mcdonalds-will-review-staffing-levels-boost-store-development-2023-01-06/
McDonald’s Global CMO Promoted as Brand Outlines ‘Creative Excellence’ Marketing Growth Plan
adweek.com/brand-marketing/mcdonalds-global-cmo-promoted-as-brand-outlines-creative-excellence-marketing-growth-plan/
Quick Glance: Could KFC be the new tenant of the former McDonald's in Wilhelmshaven?
- The former fast food restaurant on Güterstraße in Wilhelmshaven is currently vacant.
- There are speculations that Kentucky Fried Chicken might be interested in the property.
- Article only available for registered subscribers.
McDonald's announces new strategy: McDonald's restructures and lays off staff
wuv.de/Themen/Markenstrategie/McDonald-s-verkuendet-neue-Strategie
Paid articlePaid
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics