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NEW YORK, Dec 7, 2023 (AFP) – McDonald’s announced an aggressive expansion roadmap Wednesday to reach 50,000 restaurants worldwide by 2027, as the chain unveiled plans to roll out CosMc’s, a new network of small-format shops focused on cold beverages. The fast-food behemoth, which had 40,275 restaurants at the end of 2022, will seek to effectively grow its network of namesake sites by about one quarter in what it called the speediest expansion in the […]
New York, United States (AFP) – US authorities on Monday fined former McDonald’s CEO Stephen Easterbrook and barred him from serving as a public company officer for five years after accusing him of defrauding investors in connection with his termination in 2019. Easterbrook agreed to a $400,000 fine, without admitting or denying the claims against him, under a settlement announced by the US Securities and Exchange Commission. “When corporate officers corrupt internal processes to manage their […]
ALMATY, Kazakhstan (AFP) – McDonald’s announced Thursday it was suspending operations in Kazakhstan due to supply problems as the Central Asian state gears up for an early election this weekend. A relative of the first Kazakh president Nursultan Nazarbayev, Kairat Boranbayev, runs a McDonald’s franchise in Kazakhstan. On Sunday, the country will hold a snap presidential vote expected to cement incumbent Kassym-Jomart Tokayev’s grip on power, months after deadly unrest shook the nation and left more than […]
DUBLIN, Ireland (AFP) — Irish fast food chain Supermac’s announced Tuesday it had won a European Union battle against global giant McDonald’s over the use of the Big Mac and Mc trademarks. Supermac’s asked the European Union Intellectual Property Office to cancel McDonald’s use of the trademarks in certain fields. The EUIPO said McDonald’s had not proven genuine use of the contested trademark as a burger or as a restaurant name. “As a result, the […]
NEW YORK, United States (AFP) — McDonald’s announced a plan on Tuesday for a phased reduction of antibiotics in beef, expanding a health-oriented reform to a new meat source other than chicken. The fast-food giant described a three-stage process where it would first undertake a study of its top 10 beef sourcing markets of current antibiotic use in livestock and by 2020 establish reduction targets. Starting in 2020, McDonald’s will begin reporting progress against antibiotic […]
LOS ANGELES, United States (AFP) — A California woman was behind bars on Wednesday for beating and choking a McDonald’s manager after discovering there wasn’t enough ketchup in her order, police said. Mayra Berenice Gallo, 24, apparently went into a rage on October 27 after ordering food through the drive-through at the fast food outlet in the town of Santa Ana. Police spokesman Anthony Bertagna told AFP that an infuriated Gallo stormed into the restaurant […]
by Clare BYRNE Agence France Presse PARIS, France (AFP) — Nearly 200 protesters were arrested Tuesday after May Day riots in central Paris, where hooded youths torched a McDonald’s restaurant and several vehicles during a march against President Emmanuel Macron’s public sector reforms. Shouting “Rise up, Paris” and “Everyone hates the police”, around 1,200 people in black jackets and face masks joined the traditional May 1 union-led demonstration for worker’s rights, according to a count […]
LAUSANNE, Switzerland (AFP) — McDonald’s has ended its longtime Olympic sponsorship dating back to 1976, the International Olympic Committee announced on Friday. The United States fastfood giant has supported the Olympics since the Montreal Games and although the split takes place with immediate effect, they will continue to be a sponsor at the 2018 Winter Games in Pyeongchang. “The IOC and McDonald’s have announced that they have mutually agreed to bring their worldwide partnership to […]
NEW YORK, United States (AFP) — McDonald’s announced Thursday it will shift to fresh beef in its new made-to-order Quarter Pounder hamburgers in most United States restaurants as it seeks to beef up sales in its home market. The fast-food chain by mid-2018 will move away from frozen beef on the popular hamburger, which will be cooked at the time of order, the company said in a news release. The change, which does not affect […]
BEIJING, China (AFP) — US fast-food giant McDonald’s will sell its mainland China and Hong Kong franchise business to a consortium of Citic Group and the Carlyle Group for up to $2.08 billion, the companies said Monday. Citic Limited, Citic Capital Holdings, Carlyle Group and McDonald’s will form a company that will act as the franchisee responsible for the chain’s business in mainland China and Hong Kong for 20 years, Citic Limited said in a […]
CHICAGO, United States (AFP) — In a convergence of two of America’s biggest cultural giants, McDonald’s is moving into the old home of The Oprah Winfrey Show. The talk-show queen’s production empire left the Harpo Studios complex near downtown Chicago in December, headed to Los Angeles. The property will now have new life, morphing from the epicenter of influential daytime television to the standard-bearer of American fast cuisine. McDonald’s plans to “transform the space” into […]
