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McDonald's

Operations

As restaurant workers sue over COVID-19 protections, pressure builds for shielding employers

 By Peter Romeo on May 20, 2020

Operators and Republican leaders are pushing for protections against liability suits.

Financing

McDonald’s is investing about $200M to boost marketing

 By Jonathan Maze on May 13, 2020

The burger giant is also taking steps to help its weakest franchisees as it works to jump-start the system’s recovery.

Financing

At McDonald’s, more drive-thru orders and less breakfast

By Jonathan Maze on Apr. 30, 2020

The burger giant is adjusting to a new normal and expects that some of the changes will last for some time.

Financing

Shareholder group wants McDonald’s chairman ousted

By Jonathan Maze on Apr. 24, 2020

CtW Investment Group, which works with union-backed pension funds, is calling for shareholders to remove Enrique Hernandez over CEO Steve Easterbrook’s exit deal.

Marketing

McDonald’s is giving away meals to first responders

By Jonathan Maze on Apr. 21, 2020

The company and its franchisees are giving “Thank You Meals” to emergency and healthcare workers amid criticism of the chain’s response to the crisis.

Financing

Tension reemerges between McDonald’s and its franchisees

By Jonathan Maze on Apr. 14, 2020

Operators raised concerns about corporate support, while the company urged the franchise association to back efforts to raise worker pay during the coronavirus shutdown.

Financing

McDonald’s makes some executive changes

By Jonathan Maze on Apr. 13, 2020

Mason Smoot was named U.S. chief restaurant officer after the retirement of Charlie Robeson, and the company has a new chief of staff and chief people officer.

Financing

Restaurants appeared to be enjoying a strong start to 2020

By Jonathan Maze on Apr. 10, 2020

The coronavirus interrupted great quarters for several chains, making a year of growth into one of financial rescue, says RB’s The Bottom Line.

Workforce

Los Angeles mandates face masks for restaurant employees

By Peter Romeo on Apr. 08, 2020

The directive is the latest effort to increase safeguards for staff members providing takeout and delivery service.

Financing

At McDonald’s, the coronavirus interrupted a strong start

By Jonathan Maze on Apr. 08, 2020

U.S. same-store sales were up 8.1% in January and February before falling 13% in March, prompting delays in capital spending, cuts in executive pay and increased franchisee assistance.

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