McDonald's

Technology

McDonald's files trademark applications for metaverse restaurants

The filings reference things like virtual restaurants and NFTs. They could be part of a metaverse strategy or simply a precaution to protect the brand's intellectual property.

Operations

Why Dave Thomas chose square burgers for Wendy's

Reality Check: McDonald's is going to give that shape a try, but for a radically different reason.

Pension funds for Teamsters union members say the company’s $105 million settlement from its former CEO did not go far enough.

More than 25% of McDonald’s sales are now coming through digital channels, driven largely by its loyalty program.

The burger giant is working with Humberto Leon to create an interactive “Hall of Zodiacs.”

The Bottom Line: The company has not added locations since 2014. After closing another 239 locations in 2021 it has the smallest number of units in 20 years.

U.S. same-store sales hit a record in 2021, driven in part by price increases and the company’s promotions, including its new loyalty program.

Operator cash flow is up 50% in the past three years after the company shifted away from its value focus. But higher labor and food costs loom.

The company said about 1% of its stores have shortened hours, down from 10% earlier. But many dining rooms remain closed.

The burger giant will start selling four items that combine existing menu items, including Hash Brown McMuffins and a Big Mac merged with a Filet-o-Fish and a McChicken.

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