McDonald’s Korea

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Retail Asia14/01/2017

McDonald’s Korea has become mired in a high-profile dispute with a franchisee. The local arm of the US restaurant operator terminated the franchise agreement with McDonald’s Mangwon branch on December 1 of last year. According to McDonald’s, the restaurant owner had been failing to fulfill the terms of agreement, including paying the company franchise commissions […]

Retail Asia04/07/2016

South Korean food-to-entertainment conglomerate CJ Group has submitted a letter of intent to buy fast-food chain McDonald’s Korea. Details have yet to be decided, but the deal could be worth 300 billion won ($256.86 million) to 500 billion won, says the Korean Economic Daily newspaper, quoting investment banking sources. McDonald’s Corp headquarters in the US […]

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Tag: McDonald’s Korea

A cloud of dispute above McDonald’s Korea franchisee

CJ Group bids for McDonald’s Korea