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Page 2 - Mcdonald’s

Weak demand environment to delay recovery in quick-service restaurants

While competition is intense, growth has seen non-vegetarian options starting to outpace vegetarian. KFC, for example, has an 85 per cent contribution from non-vegetarian

Weak demand environment to delay recovery in quick-service restaurants
Updated On : 09 Apr 2024 | 11:03 PM IST

McDonald's buys its Israeli outlets from franchisee who sparked boycotts

McDonald's is buying its restaurants in Israel from a longtime franchisee, hoping to reset sales that have slumped due to boycotts in the region. The Chicago-based burger giant said on Friday it will buy Alonyal Limited, which owns and operates 225 restaurants in Israel. Financial terms weren't disclosed. The deal is expected to close in the next few months. McDonald's said it would operate the restaurants and retain more than 5,000 employees. McDonald's remains committed to the Israeli market and to ensuring a positive employee and customer experience in the market going forward, Jo Sempels, McDonald's president of international developmental licensed markets, said in a statement, Alonyal has operated McDonald's in Israel for more than 30 years. In a statement Friday, Alonyal CEO Omri Padan said the chain is one of the country's most successful. But Alonyal also sparked controversy in October when it announced on social media that McDonald's was providing free meals for Israeli

McDonald's buys its Israeli outlets from franchisee who sparked boycotts
Updated On : 05 Apr 2024 | 9:09 PM IST

McDonald's to buy Israel franchise that became flashpoint in Hamas war

Alonyal launched the McDonald's brand in Israel more than 30 years ago and grew the business to 225 restaurants and more than 5,000 employees, according to a statement from the Chicago-based chain

McDonald's to buy Israel franchise that became flashpoint in Hamas war
Updated On : 05 Apr 2024 | 12:37 AM IST

McDonald's closes stores in Sri Lanka after deal with partner ended: Lawyer

Wijewardane declined to describe the issues but local media reported that McDonald's went to court against Abans over allegations of poor hygiene

McDonald's closes stores in Sri Lanka after deal with partner ended: Lawyer
Updated On : 24 Mar 2024 | 7:54 PM IST

McDonald's suffers global tech outage, rules out cybersecurity incident

Reports of system outages at McDonald's are growing around the world, shuttering restaurants and leading to social media complaints. McDonald's in Japan posted on X, formerly Twitter, that operations are temporarily out at many of our stores nationwide." It added that it apologized for the inconvenience. The website Downdetector also reported a spike in problems with the McDonald's app in the last couple of hours. Media outlets reported that customers from Australia to the U.K. have complained of issues with ordering, including a customer who posted a photo to X that saying a kiosk was unavailable.

McDonald's suffers global tech outage, rules out cybersecurity incident
Updated On : 15 Mar 2024 | 10:55 PM IST

Fake cheese row: FSSAI verifies McDonald's India uses 100% real cheese

Westlife Foodworld recently came under fire after one of its outlets reportedly used substitutes in place of real cheese in burgers and nuggets at an outlet in Maharashtra

Fake cheese row: FSSAI verifies McDonald's India uses 100% real cheese
Updated On : 05 Mar 2024 | 3:48 PM IST

McDonald's case: Maharashtra to inspect outlets of global fast-food chains

The McDonald's franchisee disagreed with the findings, but in December it dropped the word "cheese" from the names of many burgers and nuggets it sells statewide, letters seen by Reuters show.

McDonald's case: Maharashtra to inspect outlets of global fast-food chains
Updated On : 27 Feb 2024 | 3:23 PM IST

FDA revokes licence of McDonald's store after action over cheese

The Maharashtra Food and Drug Administration (FDA) has revoked the licence of a McDonald's outlet in the state's Ahmednagar district after taking action against it over cheese, an official said on Saturday. The eatery belonging to the fast food giant had faced FDA scrutiny for allegedly using a cheese-like product in their dishes without indicating that it was actually a cheese substitute, thereby misleading customers, he said. Following an inspection and subsequent objections, the licence of the outlet was suspended, but it was revoked recently after the chain filed a compliance report confirming that they had removed the word cheese' from product names. In October 2023, we visited the outlet in Kedgaon and discovered that the names of food items displayed at the outlet included American Cheese Burger, American Cheese Nuggets, Cheese Burger, Italian Cheesy Lava Burger, and Blueberry Cheese Cake. All these names are their brand names for their products," said Rajendra Bade, a food .

FDA revokes licence of McDonald's store after action over cheese
Updated On : 24 Feb 2024 | 5:41 PM IST

McDonald's removes 'cheese' from its outlet menus in Maharashtra

Move comes after Maharashtra FDA accused chain of using cheese substitutes in burgers and nuggets

McDonald's removes 'cheese' from its outlet menus in Maharashtra
Updated On : 23 Feb 2024 | 11:23 PM IST

Engaging with competent authorities, use only genuine cheese: McDonald's

Fast food major McDonald's franchise for west and south India on Friday said it is engaging with the "competent authorities" amid reports of Maharashtra Food and Drug Administration taking action against it for using cheese substitutes in its products. Hardcastle Restaurant, a subsidiary of Westlife Foodworld Ltd, has the franchisee rights to own and operate McDonald's restaurants in west and south markets in India. "We are actively engaging with the competent authorities on this issue and awaiting their final clarification. We have always been adhering to stringent food standards and are fully compliant with all applicable food laws," said a statement from McDonald's India (West & South) shared on BSE by Westlife Foodworld. According to media reports, the Maharashtra FDA has accused McDonald's of deception using cheese substitutes in burgers and nuggets instead of real cheese and the licence of an outlet in Ahmednagar has been suspended. The reports further said the action has ...

Engaging with competent authorities, use only genuine cheese: McDonald's
Updated On : 23 Feb 2024 | 6:09 PM IST

Maharashtra FDA cracks down on McDonald's for using substitutes for cheese

McDonald's has denied accusations of misleading consumers by using substitutes in place of real cheese in burgers and nuggets

Maharashtra FDA cracks down on McDonald's for using substitutes for cheese
Updated On : 23 Feb 2024 | 3:57 PM IST

McDonald's Oct-Dec results: Sales rise 3.4%, hit by West Asia boycotts

A banner year came to a bumpy end for McDonald's, which lost sales in many markets due to the war in Gaza. Global same-store sales or sales at restaurants open at least a year rose 3.4 per cent in the October-December period, well below the 4.7 per cent increase Wall Street was expecting, according to analysts polled by FactSet. Customers in the Middle East were angered after McDonald's Israel which is operated by a local franchisee -- announced in October it was providing free meals to Israeli soldiers. In response, some franchisees, like McDonald's Oman, announced donations to relief efforts in Gaza. Last month, McDonald's President and CEO Chris Kempczinski warned that misinformation in the Middle East and elsewhere was hurting sales. In addition to customer boycotts, McDonald's has had to temporarily limit store hours or close some locations due to protests. We abhor violence of any kind and firmly stand against hate speech, and we will always proudly open our doors to anyon

McDonald's Oct-Dec results: Sales rise 3.4%, hit by West Asia boycotts
Updated On : 05 Feb 2024 | 11:34 PM IST

'Boycott Mcdonald's' trends as UK unit issues statement on Israel-Hamas war

Besides McDonald's, several Western brands have been facing the heat over the issue, including prominent names such as Starbucks, Puma, and Hewlett Packard, among others for their "support for Israel"

'Boycott Mcdonald's' trends as UK unit issues statement on Israel-Hamas war
Updated On : 18 Jan 2024 | 1:40 PM IST

US companies are picky about investing in China except fast-food chains

American fast-food chains have decided a market of 1.4 billion people is simply too delicious to pass up. KFC China's parent company opened its 10,000th restaurant in China last month

US companies are picky about investing in China except fast-food chains
Updated On : 28 Dec 2023 | 11:42 PM IST

McDonald outlet shut down after crack pipe found in food order at US' Ohio

A McDonald's customer stated he and his girlfriend found a break pipe in a breakfast order from the restaurant's drive-thru. A vessel for smoking hard drugs is called a crack pipe

McDonald outlet shut down after crack pipe found in food order at US' Ohio
Updated On : 22 Dec 2023 | 5:12 PM IST

McDonald's burger empire set for unprecedented growth over next 4 years

McDonald's expects to open nearly 10,000 restaurants over the next four years, a pace of growth that would be unprecedented even for the world's largest burger chain. Ahead of a day-long event for investors, the Chicago burger giant said Wednesday that it aims to have 50,000 restaurants in operation worldwide by the end of 2027. McDonald's had 40,275 restaurants at the start of this year. Other national chains are expanding at a rapid clip as well. Starbucks said last month it expects to have 55,000 stores globally by 2030, up from 38,000 today. More details are expected Wednesday during McDonald's investor event, including where store growth will be concentrated. The company also announced a partnership with Google Cloud, which it said Wednesday will help it accelerate automated services and reduce complexity for its employees. McDonald's same-store sales rose nearly 9% worldwide in the third quarter, even as US traffic fell slightly. The company is focused on core menu items li

McDonald's burger empire set for unprecedented growth over next 4 years
Updated On : 06 Dec 2023 | 9:09 PM IST

Boycott campaigns over Gaza war hit Western brands in some Arab countries

All have been hit by a largely spontaneous, grassroots boycott campaign over Israel's military offensive in the Gaza Strip since the deadly Hamas attack in southern Israel on October 7

Boycott campaigns over Gaza war hit Western brands in some Arab countries
Updated On : 23 Nov 2023 | 10:07 PM IST

McDonald's to acquire investment firm Carlyle's 28% stake in China unit

The deal will help McDonald's raise its holdings to 48%, while a consortium led by state-backed conglomerate CITIC Ltd will maintain its controlling ownership with a 52% stake in the business

McDonald's to acquire investment firm Carlyle's 28% stake in China unit
Updated On : 20 Nov 2023 | 10:28 PM IST

Burger King weakness drives sales miss at parent Restaurant Brands

Toronto, Canada-based Restaurant Brands posted an adjusted profit of 90 cents per share, beating estimates of 86 cents

Burger King weakness drives sales miss at parent Restaurant Brands
Updated On : 03 Nov 2023 | 5:29 PM IST

McDonald's gets sales lift from cheaper menu, McNuggets promotion

McDonald's has done a "fantastic job" in returning to menu items that have performed well over time to boost sales and margins, Stephens analyst Joshua Long said

McDonald's gets sales lift from cheaper menu, McNuggets promotion
Updated On : 30 Oct 2023 | 7:17 PM IST