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Search resuls for: "McDonald's Corporation"


8 mentions found


☆ Photos show what it was like to eat at McDonald's in the 1970s
  + stars: | 2024-05-24 | by ( Erin Mcdowell | ) www.businessinsider.com   time to read: +1 min
The first McDonald's franchise opened in Des Plaines, Illinois, on April 15, 1955. By the 1970s, McDonald's had grown into an increasingly popular fast-food establishment. The Quarter Pounder, Quarter Pounder with cheese, and Egg McMuffin were also added to the menu. In the 1970s, less than a decade into its operation under businessman Ray Kroc, McDonald's was already a thriving company that had served millions of customers. That year, he also founded McDonald's System, Inc., which would become the McDonald's Corporation we know today.
Persons: McDonald's, —, Ray Kroc, Maurice, Mac, McDonald, Kroc Organizations: Service, McDonald's, Inc, Corporation, Business Locations: Des Plaines , Illinois
☆ Franchisees say it's them, not big corporations, who are the real losers of California's $20 fast-food wage
  + stars: | 2024-04-15 | by ( Grace Dean | ) www.businessinsider.com   time to read: +5 min
Restaurant franchisees say they're the real losers of California's $20 fast-food minimum wage. AdvertisementFranchisees say they have to bear the brunt of California's new $20 minimum wage for fast-food workers. But the $20 wage applies to both corporate-owned and franchise restaurants, even if the franchisee just owns one or two restaurants. She added that the new $20 wage felt like an "unfair target on our backs." "You're going to have to have the mega owners as they're called, or 20 stores, a hundred stores, 500 outlets.
Persons: —, Keith Miller, Brian Hom, We're, Hom, Miller, he'd, Mike Mangoine, Jessica D'Ambre, D'Ambre, Matthew Haller, Burger King, they're Organizations: Service, Business, Subway, McDonald's Corporation, Los Angeles Times, Times, International Franchise Association, Taco Bell Locations: California, San Jose , California, Los Angeles, Inland, Burger, McDonald's
☆ McDonald's will buy all 225 restaurants from Israel franchise following pro-Palestinian boycott fallout
  + stars: | 2024-04-05 | by ( Natasha Turak | ) www.cnbc.com   time to read: +2 min
McDonald's signed a deal to purchase all 225 of the restaurants that comprise its Israel franchise, the American fast-food chain announced, following months of dramatically lower sales due to pro-Palestinian boycott action amid the Israel-Hamas war. "An agreement to sell Alonyal to McDonald's Corporation has been signed," the McDonald's statement said Thursday. "Upon completion of the transaction, McDonald's Corporation will own Alonyal Limited's restaurants and operations, and employees will be retained on equivalent terms." "We are dismayed by the disinformation and inaccurate reports regarding our position in response to the conflict in the Middle East," McDonald's Corp. said in a November statement. "McDonald's Corporation is not funding or supporting any governments involved in this conflict, and any actions from our local Developmental Licensee business partners were made independently without McDonalds' content or approval."
Persons: McDonald's, Omri Padan, Israel —, —, Chris Kempczinski Organizations: Israel, Alonyal Ltd, McDonald's Corporation, McDonald's, Consumers, Gaza, enclave's Health Ministry, World Health Organization, McDonalds Locations: Israel, East, Malaysia, Indonesia
☆ Photos show what it was like to eat at McDonald's in the 1980s
  + stars: | 2024-04-03 | by ( Erin Mcdowell | ) www.businessinsider.com   time to read: +1 min
The first McDonald's franchise opened in Des Plaines, Illinois, on April 15, 1955. Motorhead and President Ronald Reagan were photographed eating at McDonald's in the 1980s. AdvertisementBy the 1980s, McDonald's was already a well-established fast-food chain with an iconic menu and signature branding. Ray Kroc opened the first McDonald's franchise location in Des Plaines, Illinois, on April 15, 1955. Here's what it was like to eat at McDonald's in the 1980s.
Persons: Ronald Reagan, —, McDonald's, Ray Kroc Organizations: Service, Inc, Corporation, Deseret Locations: Des Plaines , Illinois
☆ Domino's pizza is the latest American product facing backlash in Asia amid the Middle East turmoil, exec says
  + stars: | 2024-01-26 | by ( Alex Bitter | ) www.businessinsider.com   time to read: +4 min
Read previewDomino's Pizza is the latest American brand to face blowback as some consumers change their buying habits in light of Israel's invasion of Gaza. Domino's Pizza Enterprises, a franchisee of the US company that operates Domino's restaurants in Australia, Europe, and Asia, said same-store sales in Asia fell an estimated 8.9% in the second half of 2023. Domino's Pizza Enterprises also operates in countries including Singapore, Japan and Taiwan. Spokespeople for Domino's Pizza Enterprises and Procter & Gamble did not immediately respond to Business Insider's request for additional comment. In an investor presentation last month, Unilever CEO Hein Schumacher said that some of its brands in Indonesia have been affected by "the wars in the Middle East."
Persons: —, America —, Donald Meij, Domino's, Gamble, McDonald's hasn't, Ian Borden, Borden, Hein Schumacher Organizations: Service, Business, Pizza Enterprises, Enterprises, Palestine, CNN, Israel, Procter & Gamble, Bloomberg, Starbucks, Domino's Pizza Enterprises, Procter, Reuters, Unilever Locations: Gaza, Australia, Europe, Asia, Malaysia, Singapore, Japan, Taiwan, Israel, Indonesia, Pakistan, pushback, Egypt, Jordan, London
☆ McDonald's investor day is Wednesday. Expect to hear about expansion, tech and China
  + stars: | 2023-12-05 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +5 min
The company also projected mid-single-digit sales growth in 2021 and 2022. McDonalds is a multinational fast food chain with thousands or restaurants over the world with headquarters in Chicago Illinois. It is the world's largest fast food restaurant chain famous for the burgers and fries. While the U.S. may seem saturated with McDonald's locations, executives have said that its current footprint doesn't reflect where consumers currently live, including the shift to the South and Southeast. Some McDonald's locations have also tested using artificial intelligence to take drive-thru orders.
Persons: Luke Sharrett, McDonald's, aren't, Chris Kempczinski, Nicolas Economou, remodels, Kempczinski Organizations: McDonald's Corp, Bloomberg, Getty, Wall Street, McDonalds, Nurphoto, Technology Locations: Louisville , Kentucky, U.S, New York City, USA, Chicago Illinois, Manhattan , New York, Texas, Canada, Germany, Australia, France, China
☆ Photos show what it was really like to eat at McDonald's in the 1950s
  + stars: | 2023-04-01 | by ( Erin Mcdowell | ) www.businessinsider.com   time to read: +1 min
The McDonald brothers launched their burger restaurant in the 1940s, and the first official McDonald's franchise opened on April 15, 1955, in Des Plaines, Illinois. Exterior view of the first McDonald's fast-food restaurant with its neon arches illuminated at night, Des Plaines, Illinois. Hulton Archive/Getty ImagesIn 1954, future McDonald's Corporation founder Ray Kroc, a Multimixer milkshake machine salesman, came across a small burger joint run by brothers Dick and Mac McDonald. Amazed by the efficiency of the restaurant, Kroc wanted in. In 1955, Ray Kroc founded McDonald's System, Inc., which would inevitably become the McDonald's Corporation we know today, and opened his first franchised location.
☆ Exclusive: Kazakh McDonald's shut outlets temporarily after halting supplies from Russia-sources
  + stars: | 2022-11-29 | by ( Mariya Gordeyeva | ) www.reuters.com   time to read: +3 min
Joe LaPaille, a spokesperson for McDonald's Corporation based in the United States, said in an email: "Our McDonald's licensee in Kazakhstan has temporarily closed all of its restaurants due to local supply issues. Food Solutions, the Kazakh licensee company, announced the closure on Nov. 17 and cited "local supply issues." It was unclear where the decision to ditch Russian suppliers originated. Marr Russia, one of the Kazakh company's Russian suppliers, said it never worked directly with McDonald's, dealing with its Kazakh logistics partner HAVI instead. Miratorg said it was a supplier for Vkusno & Tochka, the Russian successor to McDonald's, and did not directly address the question of Kazakh sales.
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