McDonald's Corp
Panama Canal drought forces Maersk to get started making use of 'land bridge' for Oceania cargo
Watch of stranded boats at Alhajuela Lake in the course of the summer time drought, in Colon province, 50 km north of Panama Metropolis, Panama, on April 21, 2023. The Alhajuela lake is just one of the major lakes that supplies h2o to the locks of the Panama Canal and is at its least expensive […]
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Every restaurant chain wants to beat Chick-fil-A, but it's stronger than ever
A Chick-fil-A meal is displayed at a Chick-fil-A restaurant in Novato, California, on June 1, 2023. Justin Sullivan | Getty Images Every restaurant chain from McDonald’s to Popeyes wants to take down Chick-fil-A, but its hold over customers is tighter than ever. Since its founding in 1967, Chick-fil-A has grown to become the third-largest restaurant […]
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Here are the 3 top risks facing McDonald's heading into 2024
The Ronald McDonald balloon floats down Central Park West during the Macy’s Thanksgiving Day Parade on November 23, 2023, in New York City. Gary Hershorn | Corbis News | Getty Images McDonald’s executives painted a rosy portrait of the fast-food giant’s strength and ability to achieve long-term goals at its investor day, but the company […]
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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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