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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
McDonald’s (MCD) CEO Chris Kempczinski Adds Chairman Role
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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/
McDonald’s is promising ‘attention to affordability’ after the price of ...
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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 Responds After Being Accused of Selling 'Raw' Burgers
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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/
McDonald’s 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%.
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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 Some Good Times, McDonald's Just Made a Painful Admission ...
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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/
After a bumpy end to a banner year, McDonald’s says sales growth will ...
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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
McDonald’s brings back fan-favourite menu item
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.
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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
McDonald’s Vows to Continue Breakneck Expansion in 2024
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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 CEO: 'Misinformation' about Israel-Gaza stance war hit sales
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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 Blames ‘Misinformation’ About Stance On Gaza War For Hurting ...
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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 unveils spinoff CosMc’s, weirder than expected
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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 plans record global expansion, remains optimistic about China: ...
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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 unveils spinoff CosMc’s, weirder than expected
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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
Mysterious McDonald's spinoff CosMc's makes an appearance in the Midwest
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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
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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/
McDonald's is giving its burgers a makeover — here's what changes are ...
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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
In 1 Sentence, McDonald's Announces a Big Change and Shows Why It's the ...
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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: War in the Middle East is weighing on business
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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 CEO blames 'misinformation' for West Asia sales hit
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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 wants to become even more convenient for customers
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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 CEO sends dire warning to California
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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
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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, Chipotle to raise menu prices in California next year as ...
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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
McDonald's CEO explains why the company benefits from a 'difficult' ...
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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
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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 stocks up on global variations
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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
McDonald's Menu Prices Will Need to Keep Increasing, CEO Says
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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
This new McDonald’s China menu item is a meat lover’s dream
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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 must face racial discrimination lawsuit tied to CEO texts over ...
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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/
After McDonald's Grimace success, are new restaurants next? What we know ...
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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
McDonald’s posts strong sales after ‘happy birthday’ Grimace campaign goes ...
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.
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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 debut new spinoff restaurant concept called CosMc's next ...
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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 to test CosMc's new small format concept, CEO announces
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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
McDonald’s developing new store format called CosMc's
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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
At McDonald's, prices are now falling: new branches planned
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Forget Grimace, McDonald's Is Already Planning Its Next Nostalgic Character Comeback
foodandwine.com/mcdonalds-spinoff-restaurant-cosmc-character-7568139
Forget Grimace, McDonald's Is Already Planning Its Next Nostalgic ...
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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
McDonald's diners order less, switch to value items to save money
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OUT OF THIS WORLD: The name of the new restaurant stems from a six-armed alien character. trib.al/l5Vd6Vy
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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
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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
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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/
McDonald’s to create spinoff restaurant CosMc’s after Grimace Birthday ...
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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
People Aren’t Buying McDonald's Fries Because The Economy Sucks
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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
McDonald’s customers are starting to balk at higher Big Mac prices
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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
Editorial: Here’s how McDonald’s is improving its burgers and buns ...
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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
McDonald’s closes corporate offices ahead of layoffs
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.
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NEW: McDonald’s first-quarter sales and profit outpace estimates, a renewed sign that it's picking up customers amid stubborn inflation.
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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 diners are pushing back against price increases in some markets ...
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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
McDonald’s Temporarily Shuts U.S. Offices as Chain Prepares for Layoff ...
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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 diners are pushing back against price increases in some markets ...
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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
McDonald' says fewer people are ordering fries with their burgers
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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
Chicago Mayor Candidate Backed by Police Makes It to 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.
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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
In Chicago, High Crime Leads to a Mayor’s Downfall
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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/
McDonald's has a clever way of making you eat more burgers (it's not the ...
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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
TikTok Is Not a Fan of McDonald's New AI Ordering System
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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
Chicago Police Chief Resigns After Lightfoot Loses Reelection
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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/
McDonald’s CEO says layoffs are coming
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.
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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
McDonald's sales soaring after price hikes, adult Happy Meals
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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/
McDonald’s Global CMO Promoted as Brand Outlines ‘Creative Excellence’ ...
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.
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McDonald's announces new strategy: McDonald's restructures and lays off staff
wuv.de/Themen/Markenstrategie/McDonald-s-verkuendet-neue-Strategie
McDonald's announces new strategy