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Tag: McDonald's Corp

At least 150 companies have warned investors

David Paul Morris | Bloomberg | Getty Images About 150 publicly traded companies have warned investors of the threat COVID-19 poses, with several anticipating they’ll miss guidance for the March quarter.  The new coronavirus was first discovered in December in China. At first, several companies had to suspend their supply chains or temporarily close brick-and-mortar …

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McDonald’s creates digital customer engagement team as part of its tech push

McDonald’s crowds at self-service kiosk. Jeffrey Greenberg | Universal Images Group | Getty Images McDonald’s is creating a team focused on digital customer engagement as the restaurant industry continues to look to technology as a key way to boost sales. The new team is part of the fast-food giant’s strategy to use technology to reach …

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Taco Bell parent is buying Habit Burger to break into fast casual

Source: Habit Burger Grill Yum Brands‘ $375 million acquisition of Habit Restaurants gives the owner of Taco Bell, KFC and Pizza Hut an opportunity to break into the fast-casual industry at a time when fast-food restaurants are struggling. Habit operates Habit Burger Grill, a premium burger chain founded in 1969 with nearly 280 locations, including …

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More minimum wage increases expected in 2020

People gather together to ask the McDonald’s corporation to raise workers wages to a $15 minimum wage as well as demanding the right to a union on May 23, 2019 in Fort Lauderdale, Florida. Joe Raedle / Getty Images The move toward a $15 minimum wage is gaining steam, with 21 states raising minimum wages …

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McDonald’s is testing a chicken sandwich

McDonald’s teases chicken sandwich to compete with Chick-fil-A and Popeye’s. Source: McDonald’s McDonald’s is entering the chicken sandwich wars. The chain is testing a Crispy Chicken Sandwich in Houston and Knoxville, Tennessee. The sandwich features a fried chicken filet served on a buttery potato roll, topped with butter and pickles. A deluxe version also includes tomatoes, lettuce …

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McDonald’s workers file lawsuit to address workplace violence

An employee hands a drive-thru customer his order at a McDonald’s restaurant in Oak Brook, Illinois. Tim Boyle | Bloomberg | Getty Images Seventeen Chicago McDonald’s workers are suing the company, alleging that the fast-food chain has failed to address violence in the workplace. In May, McDonald’s workers filed a complaint with the U.S. Occupational …

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McDonald’s new CEO invites employee feedback, stands by company’s growth plan

McDonald’s incoming U.S. President Chris Kempczinski speaks during a press conference in New York November 17, 2016. Shannon Stapleton | Reuters McDonald’s new CEO Chris Kempczinski said Monday that meetings with the company’s senior leadership and managing directors has “reaffirmed” his confidence in its leadership and the path it’s on. However, he is asking employees …

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Atomo, a Seattle start-up, is out to reverse-engineer the coffee bean

Coffee comes in many forms — hot, cold, flavored and decaffeinated. But the idea of coffee without the bean —well that’s something new. It’s called “molecular coffee.” Atomo, a start-up located just blocks from the famous Starbucks in Seattle’s Pike Place Market, said it’s reverse-engineered the coffee bean. And if you’re wondering why, you’re not …

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Burger King to expand meatless burgers in Europe and US

In this photo illustration, the new Impossible Whopper sits on a table at a Burger King restaurant on August 8, 2019 in Brooklyn, New York. Drew Angerer | Getty Images Burger King is doubling down on meatless burgers. The Restaurant Brands International chain announced on Monday plans to launch a vegetarian burger in more than …

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McDonald’s began probe of fired CEO Easterbrook’s relationship 3 weeks ago

McDonald’s first learned about former CEO Steve Easterbrook’s relationship with an employee roughly three weeks ago, The Wall Street Journal reported. The Chicago-based company announced on Sunday that its board ousted Easterbrook for having a consensual relationship with a female employee, a violation of the company’s nonfraternization policy. Chris Kempczinski, formerly McDonald’s U.S. president, is …

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