McDonald's

McDonald’s settles lawsuit against former CEO Steve Easterbrook

By Jonathan Maze on Dec. 16, 2021

He has returned $105 million in cash and equity awards and apologized to the company for “failing to uphold McDonald’s values.”

Financing

McDonald's buys out another franchisee to settle a discrimination lawsuit

By Jonathan Maze on Dec. 16, 2021

The burger giant has agreed to pay $33.5 million to buy 13 restaurants from Herb Washington, who had accused the company of giving favorable treatment to White operators.

Food

Analysts expect a broader test of McDonald’s McPlant burger next year

By Jonathan Maze on Dec. 14, 2021

The plant-based sandwich is apparently performing well in a limited, eight-store test. But it could still be some time before the product appears on nationwide menus.

Operations

McDonald’s settles one of its discrimination lawsuits

By Jonathan Maze on Dec. 13, 2021

The burger giant has paid $6.5 million to buy out the four restaurants owned by James and Darrell Byrd, who had accused the company of favoring White operators.

Operations

Starbucks has a new partner in Buffalo: The SEIU

By Restaurant Business Staff on Dec. 10, 2021

Working Lunch: This episode of the podcast from Align Public Strategies features a deep dive on Starbucks’ new union, as well as McDonald’s investment in new franchisees and the impact on Amazon.

Financing

McDonald’s will invest $250M to diversify its franchisee base

By Jonathan Maze on Dec. 08, 2021

The company is undertaking the first global effort to recruit new operators into the system as it looks to increase demographic representation among owner-operators.

Financing

Byron Allen’s lawsuit against McDonald’s is dismissed

By Jonathan Maze on Dec. 01, 2021

The judge said that the owner of the Weather Channel did not provide sufficient evidence to back his claims. But he can come back with more details.

Operations

McDonald’s shareholders demand a civil rights audit

By Jonathan Maze on Nov. 22, 2021

SOC Investment Group, which works with a union pension fund, wants a third party to look at policies and procedures following controversial text messages from CEO Chris Kempczinski.

Premium

Financing