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Articles for Kempczinski, search results for globally

McDonald’s sales fall globally for first time in over three years
4 months, 3 weeks ago

McDonald’s sales fall globally for first time in over three years

Al Jazeera  

McDonald’s CEO Chris Kempczinski says low-income consumers eating at home and finding other ways to economise. McDonald’s worldwide sales fell 1 percent in the April-June period, the fast food giant said on Monday, the first drop since the last quarter of 2020, when the COVID-19 pandemic and government restrictions closed businesses and kept millions of people at home. McDonald’s CEO …

Fast Food Kempczinski
Americans keep turning their backs on McDonald’s
4 months, 3 weeks ago

Americans keep turning their backs on McDonald’s

CNN  

CNN — Inflation has caught up with McDonald’s, and budget-conscious Americans are looking elsewhere for their fast-food fix. McDonald’s on Monday reported that sales at US stores open at least a year fell 0.7% last quarter from the same period a year earlier, dragged down by fewer customers going to the fast-food company’s restaurants. McDonald’s isn’t alone: Starbucks, Burger King, …

Sales Company Value Quarter Meal Last Year Customers
McDonald’s testing new CosMc’s chain following an unprecedented global expansion
1 year ago

McDonald’s testing new CosMc’s chain following an unprecedented global expansion

Associated Press  

McDonald’s is testing a new restaurant format with customizable drinks and treats designed to appeal to afternoon snackers — and grab sales from competitors like Starbucks and Dunkin’. The company also said it expects to open nearly 10,000 McDonald’s restaurants worldwide over the next four years — to reach a total of 50,000 restaurants — a pace of growth that …

Restaurants Restaurant Sales Company Open Starbucks Kempczinski
McDonald’s testing new CosMc’s chain amid unprecedented global expansion
1 year ago

McDonald’s testing new CosMc’s chain amid unprecedented global expansion

LA Times  

McDonald’s said it is aiming to have 50,000 restaurants in operation worldwide by the end of 2027. The company also expects to open nearly 10,000 McDonald’s restaurants worldwide over the next four years — to reach a total of 50,000 restaurants — a pace of growth that would be unprecedented even for the world’s largest burger chain. McDonald’s President and …

Restaurants Restaurant Sales Company Starbucks Kempczinski Cosmc
McDonald’s Temporarily Shuts U.S. Offices as Chain Prepares for Layoff Notices
1 year, 8 months ago

McDonald’s Temporarily Shuts U.S. Offices as Chain Prepares for Layoff Notices

Live Mint  

McDonald’s Corp. is temporarily closing its U.S. offices this week as it prepares to inform corporate employees about layoffs undertaken by the burger giant as part of a broader company restructuring. “During the week of April 3, we will communicate key decisions related to roles and staffing levels across the organization,” the company said in the message viewed by The …

Company Kempczinski Layoff Chain Offices