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McDonald's

Financing

Franchisee fear, anger mount as McDonald's intensifies inspections

 By Jonathan Maze on Feb. 07, 2023

Operators say their profits are down, despite strong sales, due to soaring food costs and discounts on the mobile app. That, plus tough new standards and more frequent inspections, are contributing to an environment some call “toxic.”

Financing

McDonald’s added U.S. restaurants last year for the first time since 2014

 By Jonathan Maze on Jan. 31, 2023

And the burger giant is planning to step up its development, saying it has a “right” to do so after generating strong sales growth since the pandemic.

Financing

Inflation hits McDonald’s and its European operators

By Jonathan Maze on Jan. 31, 2023

The burger giant expects thinner margins this year and it is spending up to $150 million to support franchisees in Europe hit by higher costs.

Financing

McDonald’s sales accelerated last quarter, thanks to adult Happy Meals and the McRib

By Jonathan Maze on Jan. 31, 2023

The company’s same-store sales rose 10.3% in the U.S. behind its marketing promotions and increased customer counts.

Financing

McDonald’s steps out of the political shadows

By Jonathan Maze on Jan. 27, 2023

The Bottom Line: The burger giant traditionally lets others do all the talking on major political issues. But more recently it has made its voice heard on topics like California's business climate or crime in Chicago.

Leadership

A Delaware court hands a big loss to McDonald’s former HR chief

By Jonathan Maze on Jan. 26, 2023

A judge ruled that David Fairhurst, the company’s former head of human resources, had a duty to report actions by former CEO Steve Easterbrook that led to its ouster.

Workforce

The fight is on as California's fast food law goes before the voters

By Peter Romeo on Jan. 26, 2023

The Fast Act is now officially on hold until a 2024 referendum is held. But the war is on to capture the public's sympathies. And in the middle of it is McDonald's U.S. president.

Operations

McDonald’s is testing strawless lids

By Jonathan Maze on Jan. 25, 2023

The burger giant is testing lids that do not need straws in some select U.S. markets as it works to bolster sustainability.

Financing

Here’s why Krispy Kreme is selling doughnuts at McDonald’s

By Jonathan Maze on Jan. 09, 2023

The doughnut chain is testing the sale of its products inside the burger giant’s Louisville, Ky., locations. The company’s goal is to see if it can sell in more locations than just retailers.

Financing

McDonald’s will evaluate staffing as part of an organizational restructuring

By Jonathan Maze on Jan. 06, 2023

Saying the company “cannot stand still” despite recent success, CEO Chris Kempczinski announced broad changes that will require some “difficult discussions and decisions.”

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