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McDonald's

Food

McDonald’s is expanding its McPlant test to a lot more locations

The burger giant said on Thursday that it plans to expand the test to 600 stores, increasing the chances of a nationwide introduction.

Financing

A former McDonald’s franchisee looks back at her long career

A Deeper Dive: Tracy Johnstone sold her restaurants after more than 30 years in the business. She talks on the podcast about learning to love the business and thriving in a male-dominated world.

As the omicron variant continues to spread, everyone from small independent restaurants to McDonald’s either cut hours or reduced their services.

The Bottom Line: The burger giant, which had been refranchising in recent years, is buying out franchisees as it prepares to recruit new operators into the system for the first time in many years.

The burger giant is selling the artificial intelligence ordering service to the financial services giant less than three years after its acquisition.

As the franchise invests in recruiting more diverse operators, the National Black McDonald’s Operators Association says Black owners earn lower profits than other franchisees in the system.

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

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.

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.

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