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Articles for Kempczinski, search results for restaurants

Is the world giving up on fast food? Or is it just becoming unaffordable? – Firstpost
4 months, 3 weeks ago

Is the world giving up on fast food? Or is it just becoming unaffordable? – Firstpost

Firstpost  

The fast food industry is grappling with declining sales and changing consumer habits, with giants like McDonald’s experiencing a drop in global and US sales. To counteract the decline, McDonald’s and other fast food chains have attempted to appeal to budget-conscious consumers with value meal promotions. A sign for the US fast food restaurant chain McDonald’s is seen outside one …

Food Sales Cent Meal Grocery Stores Consumers Fast
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 buys all 225 of Israeli franchise restaurants after boycotts
8 months, 2 weeks ago

McDonald’s buys all 225 of Israeli franchise restaurants after boycotts

Al Jazeera  

McDonald’s has been subject to boycotts since franchisee Alonyal announced it would donate free meals to the Israeli military amid Gaza war. ‘It’s a human tragedy’ In February, Kempczinski said that the war had had a “disheartening” effect on sales in Middle Eastern countries and other Muslim-majority nations such as Malaysia and Indonesia. “It’s a human tragedy, what’s going on, …

Franchise Israeli Kempczinski Alonyal
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
Grimace campaign that went weirdly viral fuels McDonald’s Q2, yet growth may slow as inflation cools
1 year, 4 months ago

Grimace campaign that went weirdly viral fuels McDonald’s Q2, yet growth may slow as inflation cools

Associated Press  

McDonald’s is grinning thanks to Grimace after a marketing campaign to celebrate the “birthday” of its big purple mascot went viral and contributed to surprisingly strong second quarter sales. The price increases that have helped fuel McDonald’s sales in recent quarters will moderate as inflation comes down, Chief Financial Officer Ian Borden said Thursday in a conference call with investors. …

Mcdonald Customers Kempczinski Grimace
McDonald’s temporarily closes US offices ahead of layoffs
1 year, 8 months ago

McDonald’s temporarily closes US offices ahead of layoffs

Associated Press  

McDonald’s has closed its U.S. offices through Wednesday and told its corporate staff to work remotely as it prepares to announce a round of layoffs. McDonald’s warned employees in January that layoffs would be coming as it tried to get more nimble and break down walls between its global markets. In a January memo to employees, McDonald’s President and CEO …

Corporate Employees Company Kempczinski Layoffs Offices Ahead
McDonald's closes US offices ahead of layoffs: WSJ
1 year, 8 months ago

McDonald's closes US offices ahead of layoffs: WSJ

Firstpost  

McDonald’s has closed its U.S. offices for a few days as the company prepares to inform corporate employees about layoffs, according to a published report. The Wall Street Journal cited an internal email from the Chicago fast-food giant saying U.S. corporate staff and some employees overseas should work from home while the company notifies people of their job status. The …

Employees Company Mcdonald Kempczinski Offices Ahead
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
Adult Happy Meals, McRib, feed McDonald’s sales in Q4
1 year, 10 months ago

Adult Happy Meals, McRib, feed McDonald’s sales in Q4

Associated Press  

Adult Happy Meals and other limited-time promotions boosted traffic at McDonald’s restaurants during the fourth quarter despite higher prices. Sales soared in October after McDonald’s launched adult Happy Meals featuring limited-edition toys designed by the streetwear brand Cactus Plant Flea Market. A “farewell tour” for the cult favorite McRib sandwich drew in more U.S. customers in November and World Cup …

Europe Sales Company Borden Kempczinski
Adult Happy Meals, McRib, feed McDonald's sales in Q4
1 year, 10 months ago

Adult Happy Meals, McRib, feed McDonald's sales in Q4

Daily Mail  

Adult Happy Meals and other limited-time promotions boosted traffic at McDonald´s restaurants during the fourth quarter despite higher prices. A "farewell tour" for the cult favorite McRib sandwich drew in more U.S. customers in November and World Cup promotions fueled double-digit increases in delivery sales in McDonald's ten largest markets. Strong sales at home helped overcome weakness in China due …

Europe Sales Company Mcdonald Borden Kempczinski
McDonald’s to quit Russia because of ‘humanitarian crisis in Ukraine’
2 years, 7 months ago

McDonald’s to quit Russia because of ‘humanitarian crisis in Ukraine’

The Independent  

McDonald’s has announced that it will sell all 850 of its restaurants in Russia, more than three decades after it opened its first store in the country. Chris Kempczinski, McDonald’s CEO, said “it is impossible to ignore the humanitarian crisis caused by the war in Ukraine”. “And it is impossible to imagine the Golden Arches representing the same hope and …

Humanitarian Crisis Ukraine Russia Russian
McDonald's to Exit Russia Amid Ukraine Invasion, Sell Business in Country
2 years, 7 months ago

McDonald's to Exit Russia Amid Ukraine Invasion, Sell Business in Country

News 18  

American fast-food giant McDonald’s said Monday it will exit Russia in the wake of the Ukraine invasion, ending a more than three-decade run begun in the hopeful period near the end of the Cold War. But on Monday the “Big Mac” maker went a step further, saying the company “is pursuing the sale of its entire portfolio of McDonald’s restaurants …

Ukraine Russia Company Russian Moscow Kempczinski
McDonald’s finally bows to pressure and shuts all 850 stores in Russia
2 years, 9 months ago

McDonald’s finally bows to pressure and shuts all 850 stores in Russia

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. “As a System, we join the world in …

Ukraine Russia Kempczinski 850 Restaurants Mr Kempczinski
McDonald’s to mandate anti-harassment training worldwide
3 years, 8 months ago

McDonald’s to mandate anti-harassment training worldwide

India TV News  

McDonald’s will mandate worker training to combat harassment, discrimination and violence in its restaurants worldwide starting next year, the company said Wednesday. Kempczinski, who joined McDonald’s in 2015, said the company needs to set expectations and then continually refer to them, especially since staff turnover in restaurants can be high. Details are still being worked out, but Kempczinski said he …

Training Harassment Employees Restaurants Workers Company Kempczinski
McDonald’s to mandate anti-harassment training worldwide
3 years, 8 months ago

McDonald’s to mandate anti-harassment training worldwide

Associated Press  

McDonald’s said Wednesday that it will mandate worker training to combat harassment, discrimination and violence in its restaurants worldwide starting next year. But Lawson said she would like to see more details about McDonald’s plans, including what the training looks like and how often it will be offered. McDonald’s said it will continue to work with experts and make anti-harassment …

Training Harassment Workers Company Lawson Kempczinski Franchisees