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Tag: McDonald

Retail Asia22/07/2020
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Fashion

McDonald’s makes swimwear from plastic straws

3min0
McDonald’s has introduced a swimwear range made from plastic straws in Austria – and collaborated on a ‘saucy’ range of shoes with Adidas in India. The swimwear initiative started out as a solution to the problem of what to do with the waste plastic after McDonald’s Austria replaced all plastic straws in its restaurants and […]
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Retail Asia19/06/2020
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Finance

McDonald’s sales figures show marked improvement as Covid-19 lockdowns eased

3min0
Newly released McDonald’s sales figures have shown a marked global improvement for the business sequentially from late March through May despite the continuing impact of the coronavirus pandemic. The information released ahead of the firm’s second-quarter earnings announcement, showed sales steadily improving throughout the period however they still remain negative compared to last year’s figures. […]
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Retail Asia15/06/2020
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Food

McDonald’s sales rise in South Korea

1min0
Fast-food chain McDonald’s sales grew 9 percent in South Korea during the first four months of this year, in spite of the impact of the coronavirus pandemic. The firm’s MD Antoni Martinez made the announcement on McDonald’s Koreas’ Youtube channel, his first public address since his appointment in February. “With the Covid-19 pandemic posing serious […]
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Retail Asia22/04/2020
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Food

McDonald’s, The Cheesecake Factory find the perfect recipe for staying relevant during crisis

7min0
With customers subjected to stay-at-home orders or lockdowns around the world, major brands are facing unprecedented challenges staying relevant and connected – especially fast-food retailers and theme parks. At the same time, the lockdowns have spurred an unprecedented demand for baking ingredients as consumers try their hand at creating food and snacks at home – […]
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Retail Asia21/04/2020
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Food

McDonald’s Singapore shuts all stores

1min0
McDonald’s Singapore has temporarily closed all its restaurants as preventative action during the island’s “circuit breaker” period. According to a company statement, McDonald’s Singapore is suspending its restaurant operations, including drive-through and delivery service, until May 4. “These are indeed unprecedented times for all of us,” said Kenneth Chan, MD of McDonald’s Singapore. “With the […]
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Retail Asia13/01/2020
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Finance

CITIC Offloads McDonald’s Stake

2min0
CITIC has plans to sell a 22 percent stake in McDonald’s Chinese mainland and Hong Kong business to its parent group’s private equity arm. The main listed arm of the Chinese state-owned CITIC Group, CITIC Ltd., will aim to raise at least 2.17 billion yuan, according to a report citing a Beijing bourse filing. The report […]
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Retail Asia22/10/2019
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Food

McDonald’s Singapore sleepwear deal crashes app

1min0
A deal by McDonald’s Singapore offering free sleepwear along with McNuggets and McWings delivery orders crashed the brand’s delivery app and site within an hour, angering customers. The deal went live on Monday October at 6pm, offering a set of limited-edition free-sized men’s or women’s pajamas with a bonus sleeping mask for customers who entered […]
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Retail Asia06/06/2019
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Food

McDonald’s Philippines Planning 50 Restaurant Openings

1min0
McDonald’s Philippines is expanding, with new stores and branch upgrades unfolding this year along with menu additions. There are currently around 650 McDonald’s restaurants in the territory, 61 of which opened last year. “We’re continuing our aggressive expansion,” said McDonald’s MD Margot Torres. “In terms of new stores, we’re looking at about 50.” The firm’s outlets […]
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Retail Asia03/06/2019
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Food

McDonald’s ends food fight in India

2min0
International fast food chain McDonald’s has bought out its former partner Vikram Bakshi’s 50 percent stake in its Indian operations, ending a six-year dispute. The disagreement arose when McDonald’s India attempted to oust Bakshi as MD of local operator CPRL in 2013, a decision that was overturned after local arbitration hearings ruled in favor of […]
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Retail Asia29/05/2019
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Food

McDonald’s looks to create pipeline of property talent

5min0
With $500 million to be spent on new restaurants and refurbishments over the next three years, McDonald’s Australia has established a new property graduate program to create a pipeline of future property leaders within the organisation. The fast food chain recently announced the names of the program’s first successful applicants, and it is currently accepting […]
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Retail Asia20/05/2019
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Food

McDonald’s Malaysia Opens 20 More Restaurants

1min0
McDonald’s Malaysia will launch 20 new McDonald’s Drive-Thru restaurants before the end of the year. “Drive-Thru window sales have contributed almost 50 per cent of total sales at 167 restaurants,” said regional MD and local operating partner Azmir Jaafar. “On top of this, we’ve seen an average 10 per cent year-on-year growth in drive-thru sales […]
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Retail Asia05/04/2019
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Food

McDonald’s buys tech firm

1min0
McDonald’s is set to purchase US/Israeli personalisation vendor Dynamic Yield in an attempt to boost drive-thru sales. The deal, reportedly worth more than US$300 million, will help the fast food vendor personalise outdoor digital drive-thru menu displays. The tech will analyse a range of variables in order to determine the most persuasive additional items to […]
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Retail Asia12/03/2019
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Food

International sales bolster McDonald’s results

4min0
Strong international sales ensured respectable McDonald’s results in the latest quarter as the fast-food giant encountered challenges in its core US market. Global sales slipped 3 per cent in the three months to December, to US$5.16 billion, although this was largely due to currency translations, without which sales would have been flat. While the company […]
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Retail Asia18/10/2018
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Food

McDonald’s Starts Reducing Plastic

5min0
As part of McDonald’s initiative to use its scale to contribute to positive changes in the communities where it operates, Arcos Dorados – McDonald’s franchisee in Latin America and the Caribbean- will cease to offer plastic straws in its 2,100 restaurants across the region, from October 31. Straws will be provided only for those customers who […]
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