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Tag: McDonalds

Retail Asia17/05/2022
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Food

The enormous cost of McDonald’s Russian exit

8min0
McDonald’s became the symbol of glasnost in action 30 years ago when it opened its first restaurant in Moscow. But after temporarily shutting down more than 800 restaurants following the invasion of Ukraine, McDonald’s has decided to leave Russia altogether. The burger chain will sell its Russia business, saying the “humanitarian crisis caused by the war in […]
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Retail Asia03/05/2021
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Food

McDonald’s implements global inclusive workplace initiative

2min0
McDonald’s has unveiled an initiative to foster safe and inclusive workplace it calls Global Brand Standards. The policy will focus on four main areas: harassment, discrimination, and retaliation prevention; workplace violence prevention; restaurant employee feedback; and health and safety. The company says the standards have been set to further ensure physical and psychological safety for […]
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Retail Asia27/03/2020
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Food

McDonald’s logo temporary changed to promote social distancing

2min0
International fast-food chain McDonald’s logo has been altered in some global markets to emphasize the importance of social distancing during the coronavirus crisis. The popular restaurant chain is largely closed for dine-in business in certain hard-hit areas globally but remains open for delivery or takeout. Venues have been closed completely in the UK and Ireland, […]
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Retail Asia19/03/2020
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Food

McDonald’s UK to scrap plastic Happy Meal toys

1min0
McDonald’s UK is ditching its plastic Happy Meal toys in favor of more sustainably produced alternatives in its stores. In a move to reduce the firm’s plastic waste by more than 3000 tons, from May onwards the firm will phase out the playthings it provides with its children’s meals and instead offer books, stuffed items […]
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Retail Asia24/09/2019
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Food

McDonald’s to buy AI voice-technology company Apprente

4min0
Fast-food restaurant giant McDonald’s is underscoring its increasing focus on technology by acquiring AI voice-technology company Apprente. The company says the investment will expand its presence in the Bay Area technology sector and allow the company to integrate new teams with advanced technology skillsets into its business. Apprente is described as an “early-stage leader” in […]
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Retail Asia06/05/2019
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Food

Supermodel Gigi Hadid Named for McDonald’s role

2min0
Supermodel Gigi Hadid is facing criticism over her recent promotional Instagram post for McDonald’s. A photo of Hadid eating McDonald’s French fries at the Coachella music festival provoked a considerable backlash in the comments feed, with many observers taking issue with her partnership with a fast-food chain considered by many to be synonymous with obesity […]
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Retail Asia31/12/2018
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E-Tailing

Richemont joins Alibaba’s IP alliance on brand protection

5min0
Global luxury group Richemont has joined the Alibaba Anti-Counterfeiting Alliance, a partnership between the e-commerce giant and brands that works to protect intellectual property rights on Alibaba’s platforms. Geneva, Switzerland-based Richemont is now among the 115 members from 16 countries and regions that are a part of the IP alliance, as well as the latest from the luxury […]
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Retail Asia23/08/2018
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Food

McDonald’s makes big change in store face

3min0
McDonald’s newest restaurant is making a bold statement about the future of the chain. McDonald’s has just opened a new flagship restaurant in Chicago. It is a glassy, 19,000-square-foot building that looks more like an Apple Store than a fast-food restaurant — and that is exactly what the company intended. “We are proud to open the […]
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Retail Asia08/08/2018
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Food

McDonald’s China opens its 300th store

1min0
McDonald’s China has opened 300 new stores during the last year, pressing ahead with an expansion strategy tied to deals with property developers. The company has signed contracts with Country Garden and Evergrande Group, giving it access to more locations in new retail centres. And the company has also invested in digital technology with more […]
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Retail Asia31/07/2018
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Food

McDonald’s growth in second quarter is not “satisfying”

4min0
McDonald’s Corporation has announced results for its second quarter, seeing consolidated revenues decrease by 12 per cent, pinned on the impact of the company’s strategic refranchising initiative. Little mention was made of McDonald’s Asian performance for the quarter, other than an acknowledgement of undefined “continued challenges” in South Korea. The fast-food giant found system wide […]
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Retail Asia04/06/2018
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Food

Pret A Manger sold to Krispy Kreme owner for £1.5bn

4min0
Pret A Manger’s global business, including Hong Kong and Singapore, has been sold to global investment firm JAB. Flush with cash from the sale of Jimmy Choo and a controlling interest in Bally, JAB is refocusing its core business investments on consumer goods and cafes. The company, majority owned by Germany’s secretive Reimann family – […]
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Retail Asia14/05/2018
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Food

Gourmet burgers drive McDonald’s results

3min0
McDonald’s reported first quarter results that topped analysts’ forecast on Monday, helped by strength in international markets and U.S. consumers opting for more expensive burgers over value meals. Shares of the world’s biggest chain by revenue rose 4.2 percent to US$165.10 in premarket trading as global same-restaurant sales topped Wall Street forecasts, pulling profit higher. […]
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Retail Asia14/03/2018
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E-Tailing

McDonald’s and private taxis in Thailand now accept Alipay

3min0
Alipay, the world’s largest mobile, online payment and lifestyle platform operated by Ant Financial Services Group, announced today that the payment platform will be available in all McDonald’s restaurants in Thailand by April 2018. This makes Thailand the first destination outside Greater China to accept Alipay at McDonald’s. Commenting on the development, Cherry Huang, General […]
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Retail Asia07/03/2018
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Food

McDonald’s Philippines to open more stores

1min0
Golden Arches Development Corp (GADC) is planning to invest up to PHP2 billion (US$38.4 million) so McDonald’s Philippines can open at least 40 new stores this year. Majority owned by chairman/founder Dr George Yang and his family, GADC is the master franchise holder of McDonald’s in the Philippines and has been a wholly owned Filipino […]
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