McDonald's and Starbucks blamed the Israel-Hamas conflict for a sales drop in 2023. American restaurant giants McDonald's and Starbucks have pointed fingers at the ongoing conflict between Israel and Hamas as the reason for a decline in sales towards the end of 2023.
Tags: Mcdonald's
McDonald's and Other Corporations Warn That US Inflation Is Already Felt as Customers Spend Less
Inflation is causing distress among low-income Americans, reflected in reduced consumer spending and heightened price sensitivity, prompting concerns from major corporations like McDonald's.
McDonald’s Buys All 225 Israeli Outlets From Franchisee Involved in Controversial Boycotts
McDonald's is purchasing Israeli outlets from a longstanding franchisee to boost sales after boycotts.
Krispy Kreme Doughnuts Will Be Available in McDonald's Soon
McDonald’s will sell Krispy Kreme Doughnuts nationwide through an exclusive partnership by the end of 2026.
McDonald's Closes Sri Lanka Stores After Agreement with Local Partner Ends Over Poor Hygiene Case
McDonald's attorney explained that the termination of the agreement with the franchisee was a result of standard compliance issues identified by the parent company.
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A West Virginia man who has been having breakfast at McDonald's nearly every day for 36 years recently celebrated his 100th birthday.
McDonald's has rolled out its "Best Burgers" in all locations across the US. McDonald's has rolled out the upgraded version of its famous burgers in all locations across the United States (US), aiming to enhance customers' overall eating experience through what it calls the "Best Burger" initiative.
McDonald's has unveiled its latest venture, CosMc's, a new spinoff brand that promises a unique and extraterrestrial fast-food experience.
McDonald’s is planning to extend its fast food empire to Asia by opening additional restaurants in Hong Kong, South Korea and China. It is also seeking strategic partnership in Japan and Taiwan.
Chipotle slashed its executives' pay for the year 2015. In a regulatory filing released on Friday, Chipotle said that its executives will not receive any bonus for 2015 as a result of the E.coli incident.
Taco Bell launched its $1 breakfast menu nationwide aiming to surpass McDonald's "McPick 2". Taco Bell customers can order 10 food items for a dollar each including several additions.
McDonald's has launched its all-day breakfast menu and called it "All Day Breakfast: Bigger Menu" where customers can order any or all of the following: hash browns, biscuits, McGriddles and McMuffins. The offer has been tested in Tulsa, OK and North Carolina Triad area boosting the restaurant's stocks 0.70% to $119.25.
McDonald's partners with Chobani, a Greek yoghurt-maker company and tests how the yoghurt will come along being incorporated to some of its menu. The fast food chain is adapting to the change to make itself a 'modern and progressive company' as it adapts to the changing tastes of its customers.
McDonald's is about to launch its experimental outlet in Seoul, South Korea, with draft beer. The fast-food giant has taken its first steps to introduce the concept of beer with hamburgers in Asia, having added this beverage long time back in its German, French, and Spanish outlets. If the Asian people embrace this concept, McDonald's is ready to open up two more similar outlets in Gangnam and Sinchon.
