With information from BBC and Forbes Colombia Alonyal Ltd., the owner of the McDonald’s franchise in Israel, announced in mid-October that its store would feed free of charge to soldiers participating in the incursion and attacks on Palestine, within the framework of the conflict with Hamas. Since then, the movement was created from social networks. […]
Tag: McDonald’s
Bill Gates and other top managers separated for their personal relationships
Like the CEO of BP, Bernard Looneywho resigned on Tuesday accused of dissimulating “personal relationships” with several colleagues, other large company bosses were forced to give up for similar reasons in recent years. Bernard Looney at BP British energy giant BP announced its resignation on Tuesday “with immediate effect” of its general director, Bernard Looney, […]
McDonald’s closes its offices this week and prepares layoffs in the US.
By: Agencies The fast food company McDonald’s will temporarily close its Offices in the US this week as it prepares to inform corporate employees of its layoffs as part of a broader restructuring of the company, the Wall Street Journal reported on Sunday. According to the media in question, the company notified US employees and […]
McDonald’s increased its profit by up to 11% in the first quarter due to higher prices
McDonald’s presented an increase in its billing of 11% in the first quarter of 2022, the figure exceeds US$ 5,700 million to what was obtained by the fast food firm in the same period of 2021. Thus, the company exceeded the expectations of market results in the January-March period of this year due to the […]
McDonald’s exit from Russia is loss of powerful symbol
Two months after the fall of the Berlin Wall, another powerful symbol opened in the center of Moscow: a new McDonald’s. It was the first American fast food restaurant to open in the Soviet Union, reflecting the new political openness of the era. For Vlad Vexler, who at the age of 9 was waiting two […]
Invasion in Ukraine: withdrawal of foreign companies greatly affects Russia
In 1990 McDonald’s opened its first store in Puhkin Square in Moscow; However, after 32 years, the franchise announced this week that it will temporarily close its 847 restaurants in Russia, due to the invasion of Ukraine initiated by Vladimir Putin on February 24. Before this new announcement, McDonald’s joins hundreds of companies that have […]
Business exodus looms the threat of a nationalization of foreign factories in Russia
Coca-Cola and McDonald’s are among the companies that recently suspended sales in Russia, where a senior member of the ruling party has warned that foreign companies that close could see their operations nationalized. PepsiCo and starbucks they also joined the dozens of multinational companies closing shops, factories or abandoning investments to comply with sanctions or […]
McDonald’s temporarily closes its 850 restaurants in Russia
Updated on 03/08/2022 03:26 pm The American fast food chain McDonald’s announced its decision to temporarily close its 850 restaurants in Russia and suspend all its operations in the country, following the steps of several multinationals that decided to distance themselves from Moscow after the Russian invasion of Ukraine. The group will continue to pay […]
Global bottleneck in supply chain and costs cup restaurant results attention
Investors hope to gauge the impact of the global supply chain bottleneck on restaurant expansion plans when McDonald’s Corp, Starbucks Corp and Yum Brands Inc report their capital expenditures on earnings this week. Rising prices for kitchen equipment – as well as labor, food and other goods – are leading some restaurant chains in the […]