McDonald's Corp
McDonald's to open first CosMc's spinoff restaurant this week
McDonald’s CosMc’s Restaurant. Courtesy: McDonald’s McDonald’s will open the first location of its new spinoff brand CosMc’s this week in Bolingbrook, Illinois. The fast-food giant plans to open 10 CosMc’s locations, including nine restaurants in Texas, by the end of 2024 in a test. McDonald’s will then spend a year analyzing data to decide whether […]
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McDonald's aims to open nearly 9,000 restaurants, add 100 million loyalty members by 2027
A McDonald’s store sign in Austin, Texas, Oct. 30, 2023. Brandon Bell |Getty Images McDonald’s wants to open more than 8,800 locations and add 100 million members to its loyalty program by 2027. The targets are part of the fast-food giant’s long-term plans to grow sales across its already sprawling restaurant footprint. McDonald’s announced its […]
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McDonald's investor day is Wednesday. Expect to hear about expansion, tech and China
French fries arranged at a McDonald’s Corp. fast food restaurant in Louisville, Kentucky, U.S., on Friday, Oct. 22, 2021. Luke Sharrett | Bloomberg | Getty Images McDonald’s is expected to share new details about its accelerated expansion plans, a new spinoff brand called CosMc’s and digital strategy at its investor day on Wednesday. At its […]
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Need to a company rate its personnel? A previous Amazon exec states ‘stack ranking’ is helpful when done correct
Violetastoimenova | E+ | Getty Photographs “Stack position,” a controversial process of rating staff members and laying off the poorest performers, has its positive aspects. That’s according to a previous Amazon attorney who worked for the business for virtually nine several years — and who claims the system has been “useful” to his very own […]
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McDonald’s increases its minority stake in China business
Customers wait for their takeout food outside a McDonald’s restaurant during the May Day holiday on May 1, 2022 in Beijing, China. VCG | Getty Images McDonald’s is buying Carlyle’s stake in its China business, increasing its minority share from 20% to 48% ownership. The fast-food giant sold off control of its restaurants in mainland […]
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CEOs have a new favorite word: ‘Choiceful’
Doug McMillon, president and CEO of Walmart Inc. Corporation, participates in a Business Roundtable discussion on the”Future of Work in an Era of Automation and Artificial Intelligence”, during a CEO Innovation Summit, on December 6, 2018 in Washington, DC. Mark Wilson | Getty Images “Choiceful” doesn’t exactly roll off the tongue, but chief executives love […]
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McDonald’s and Krispy Kreme are in talks to expand partnership
Doughnuts are sold at a Krispy Kreme store on May 05, 2021 in Chicago, Illinois. The doughnut chain reported yesterday that it plans to take the company public again. Scott Olson | Getty Images Krispy Kreme said Thursday it’s in talks to expand its partnership with McDonald’s. The two restaurant companies began testing Big Mac […]
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These stocks have earnings momentum heading into their reports this 7 days
A different chunk of providers are established to report this 7 days, and analysts think earnings are on their aspect. About 50% of S & P 500 corporations have described earnings for the 3rd quarter. Of those businesses, approximately 77% have exceeded expectations, FactSet info exhibits. About 30% of S & P 500 businesses are […]
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McDonald’s, Chipotle to raise menu prices in California next year as fast-food wages rise to $20
Chipotle and McDonald’s fast-food restaurants in Chinatown in Washington, D.C. Jeff Greenberg | Universal Images Group | Getty Images McDonald’s and Chipotle Mexican Grill will raise their menu prices in California next year to offset the state’s minimum wage increase for fast-food workers, executives said as both chains announced quarterly earnings in recent days. McDonald’s […]
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Stock futures rebound slightly with the S&P 500 mired in a correction ahead of a large week
Traders operate on the ground at the New York Inventory Exchange (NYSE) in New York City, U.S., Oct 27, 2023. Brendan Mcdermid | Reuters U.S. inventory futures opened greater on Monday ahead of a significant 7 days crammed with a Federal Reserve rate choice, work report and Apple’s earnings report. S&P 500 futures added .53%, […]
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