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Supplier For McDonald's And KFC In China Shut Down Amid Allegations It Used...
Shanghai has shut a factory of US food producer OSI Group for selling out-of-date meat to restaurant giants including McDonald's and KFC, authorities said Monday, in China's latest food safety...
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Revolting Images Supposedly Show Chinese Plant That Sold Expired Meat To...
A meat supplier for McDonald's and KFC in China was shut down after a news report revealed it used rotten meat that was past the expiration date. A reporter for China's Dragon TV went undercover at the...
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3 Reasons Chipotle's Business Is On Fire
Chipotle is thriving.Shares are soaring after the company reported earnings that exceeded estimates.The company's strategy has helped it overtake competitors, Brian Sozzi at Belus Capital Advisors...
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McDonald's Shares Fall After Sales And Earnings Miss (MCD)
McDonald's just announced its Q2 financial results, and the numbers look disappointing.Earnings came in at $1.40 per share, missing expectations for $1.44.Global comparable store sales were flat, which...
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McDonald's Denies Firing Mom Who Was Arrested For Leaving Her Child...
McDonald's denies that it has fired Debra Harrell, who was arrested for letting her 9-year-old daughter play at a park while she worked her shift at the fast food restaurant.Harrell's lawyer, Robert...
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The Restaurant Industry Still Hasn't Recovered From The Recession
U.S. restaurant traffic has failed to recover from the slowdown of the recession.Consumers made 61 billion visits to restaurants in the year ending May 2014, which is roughly 2 billion fewer visits...
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THE FUTURE OF PAYMENTS: 2014 [SLIDE DECK]
A wave of innovation is driving a dramatic shift in the way we make payments.In this presentation, we highlight the most important trends fueling the changes: the rise of payment apps, mobile...
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McDonald's Halts Sale Of Chicken Nuggets In Hong Kong
HONG KONG (Reuters) - McDonald's Corp said it has suspended sales of its chicken nuggets and other items in Hong Kong after it acknowledged it had imported products from Shanghai Husi Food, the company...
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Two Former McDonald's Executives Are Leading A Fast-Food Revolution
Two former McDonald's executives are trying to bring kale, quinoa, and other upscale foods to the masses with a health-conscious restaurant chain called LYFE Kitchen.Mike Roberts, the former global...
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Russia Is Waging War On American Burger Chains
Russia is waging a battle against two of the United States' biggest burger chains, according to the Los Angeles Times' Carol J. Williams.McDonald's is being sued by Russian food regulators for...
View ArticleSome McDonald's In China Are Only Serving Soda And Fries Following Meat Scandal
The latest public health scandal in China concerns the Shanghai Husi Food Co., which has been supplying expired beef and chicken to McDonald’s and Yum (which owns KFC and Pizza Hut).In the wake of the...
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McDonald's Franchisees Just Scored A Major Victory
NEW YORK (AP) — McDonald's Corp. says it has been notified by a labor regulator that it can be named a "joint employer" for workers in its franchisee-owned restaurants.The decision by the National...
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McDonald's Japan Just Rolled Out Tofu McNuggets
McDonald's Japan is rolling out new tofu-and-fish McNuggets following a public-health scandal that has severely affected the chain's meat supply.The new Tofu Shinjo McNuggets resemble Chicken McNuggets...
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Tensions Between McDonald's And Its Franchisees Could Get Even Worse
McDonald's could be held liable for labor violations involving franchisees, according to a new ruling by the National Labor Relations Board.Under the ruling, if the manager of a franchised restaurant...
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Chicken Scare Is Testing Chinese Loyalty To American Fast Food
(Reuters) - A food safety scare in China is testing local consumers' loyalty to foreign fast-food brands, including McDonald's Corp and Yum Brands Inc, which owns the KFC and Pizza Hut chains.Yum said...
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McDonald's Franchisee Claims Company Encouraged Her To Cut Employee Pay
A McDonald's franchisee claims that she was encouraged by the company to cut employees' pay as a means of increasing her profits. Kathryn Slater-Carter, who owns a McDonald's in Daly City, California,...
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McDonald's Joins Yum! Brands, Says Results Will Be Hurt By Chinese Supplier...
McDonald's said sales in markets including China and Japan are experiencing a "significant negative impact" since a food safety scandal in China last month ago forced it to halt the sale of items such...
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These Will Be The Top Restaurant Chains In 2020
The U.S. restaurant market will no longer be dominated by burger chains within the next six years, according to a research note by analysts at Janney Capital Markets. Burger chains currently account...
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McDonald's Tests Program That Could Improve Drive-Thru Wait Times
McDonald's is luring customers to the drive-thru with a promise of fast service or free food.If customers at participating drive-thrus don't get their food within 60 seconds of ordering, then they will...
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McDonald's CEO Reveals The Brand's 4 Biggest Problems
McDonald's is struggling to get back on top. The fast food giant has lost market share to fast-casual brands like Chipotle and better-burger restaurants like Five Guys. In a recent call with investors...
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