Continue to Site >>>

McDonald’s to refranchise 1,500 restaurants

May 29, 2014

McDonald's has a plan to boost its slipping profits: refranchising.

The burger chain announced Wednesday plans to sell at least 1,500 company-owned restaurants to franchisees by the end of 2016. The restaurants affected will be primarily outside the United States, in the Asia/Pacific region, the Middle East, Africa and Europe.

Read the Full Article

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

operations  real estate 

Multimedia

How Isabel Coss rose from bread baker to become executive chef at Washington, D.C.'s Pascual

'Top Chef' alum Nelson German embraces more African influences

Dutch Bros leads with menu innovation and hospitality

Galit beverage director Scott Stroemer discusses what Chicagoans like to drink

The Latest

Operations

Who's growing, slowing or shrinking in fast casual

Leadership

New leadership at Little Caesars, Riko's Pizza, Maria Empanada and more

Technology

DoorDash and Uber sue NYC over up-front tipping requirement

Listen to your daily news: RB PodcastsNew episodes weekdays
Restaurant Daily
A Deeper Dive
Menu Talk
The Week in Restaurants
Working Lunch

Exclusive Content

Financing

What will get the consumer spending at restaurants again?

The Bottom Line: November was another tough month for fast-food chains. It could take a sustained run of higher-than-inflation wage growth to ease the restaurant industry’s pressure points.

Food

California Fish Grill packs protein and sustainability into 5 new bowls

Behind the Menu: Sustainable seafood and global flavors are the focus of the fast-casual’s newest items, with salmon, shrimp, beans and more providing up to 56 grams protein in each.

Emerging Brands

Following acquisition, CRU Wine Bar & Bistro takes flight

This Dallas-based concept hopes to capture a new generation of wine drinkers by taking pretention out and offering better value.

Trending

Operations

Who's growing, slowing or shrinking in fast casual

Leadership

New leadership at Little Caesars, Riko's Pizza, Maria Empanada and more

Technology

DoorDash and Uber sue NYC over up-front tipping requirement

More from our partners

Need to cook for 4,000 people a day? These chefs use RATIONAL technology

Vegetarian and Vegan Meals Made Easy with Pre-Cooked, Plant Proteins

How RATIONAL helped a new meal kit company get up to speed

The cooking equipment that manages a behemoth

The oven that trains cooks, produces 1500 meals a day, and roasts a whole pig, too