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Log In / Register | Nov 18, 2017

McDonald's Writeup in Financial Times Has No Mention of Franchisees

Just yesterday, Financial Times penned a very timely article on McDonald's. With great sources and a multiyear perspective, it recapped the last several years of ups and downs and initiatives.

Franchisor McDonald’s to Settle with Franchisee’s 800 Workers in Wage-Theft Lawsuit, Paying $3.75M

McDonald's workersPresumably for the first time, McDonald's Corporation has agreed to settle claims that it was liable for labor law violations by a franchisee because it was a "joint employer" of the workers at five franchised restaurants in California.

McDonald’s Recalls Children’s Activity Wristbands

McDonald's wristbands

McDonald’s is recalling 33 million Step-it activity wristbands after catching wind of complaints that they can cause skin irritations and burn children. The wristbands were manufactured in China for McDonald’s USA and Canada and distributed from August 9, 2016 to August 17, 2016 with Happy Meals and Mighty Kids Meals.

McDonald's Chief Administrative Officer Retires

OAK BROOK, Ill.— McDonald’s Corporation (NYSE:MCD) announced Tuesday that its chief administrative officer, Pete Bensen, will retire on September 2, 2016. He has been with the firm for 20 years.

McMuffin Switched to Butter in 6 Months, Speedy for McDonald’s

McMuffin switched from margerine to butterHungry for press that shows the brand is changing, McDonald's wanted the business world to take note of how quickly the snail-paced restaurant chain Goliath switched from margarine to butter. Its fastest change yet.

McDonald’s Comps Rise Higher in Q1 than Big Burger Competitors

Egg McMuffin
McPick poster on a McDonald's window. (photo by BMM)

OAK BROOK, Ill.—Amidst the burger wars the largest three burger chains continue to show strength. Of the big three, McDonald's same-restaurant sales were up the highest, by a Big Mac-sized 5.4 percent in the United States during the first quarter of 2016.

Restaurants Serve Cheaper Beef, Americans Are Loving It

Kentucky cow
Photo by D. Sniegowski

Burger and beef serving restaurants are discounting something fierce thanks to lower beef costs.

Big Restaurant Chains Grow Sales by 5% in 2015, Fast-Casuals Double That

Jimmy John's store front after the rain
(photo/bmm)

CHICAGO—In 2015 the 500 biggest restaurant chains accelerated sales growth in the United States to a 4.9 percent increase for the group as a whole, totaling an estimated $288 billion in sales.

Faced with European Antitrust, McDonald’s Could Go After US Franchisees

While the Service Employees International Union is pushing hard for higher wages for U.S. fast-food workers, augmenting strikes and protest with legal action, the recent news that a coalition of Italian consumer groups has filed a European Union antitrust action against McDonald's is disturbing, even for franchisees.

Burger King Joins the Cheap Meal Fray

Burger King is giving fellow franchisors McDonald's and Wendy's a run for their money after introducing its latest cheap fast food offer.