Mcdonalds
Yum Brings Taco Bell Back to China After a Decade
| S. Rina | | Jan 14, 2017 03:02 AM EST |
Taco Bell is taking another chance to capture Chinese markets with its latest store in Shanghai. The company plans to open several other outlets in major Chinese cities, before going for a national rollout. Taco Bell will be brought to the country by Yum China, which also owns Pizza Hut and KFC brands domestically.
McDonald's Gets 3 Final Bids for China and Hong Kong Outlets
| Ellie Froilan | | Sep 17, 2016 07:57 AM EDT |
McDonald’s Corp has received three final bids from Carlyle Group (CG), Chinese state conglomerate CITIC Group, and TPG Capital for its China and Hong Kong outlets.
McDonald's to Continue Using Antibiotics-Treated Poultry in China
| Charissa Echavez | | Aug 16, 2016 10:41 AM EDT |
McDonald's has not committed to stop using antibiotics-treated poultry in China, after making a vow to ban the practice in the United States, raising concerns about double standards.
McDonald’s Receives Bids for China Stores
| Rina S. | | Jun 23, 2016 04:01 AM EDT |
McDonald's Corp has received multiple bids for its stores in China and Hong Kong. The offers have come from ChemChina, Beijing Tourism Group, and Sanpower.
Former McDonald's CEO on Minimum Wage Hike: 'You're going to see a job loss like you can't believe'
| Kat De Guzman | | May 26, 2016 02:25 PM EDT |
As reports of a minimum wage increase in the United States makes headlines, a former McDonald's CEO has warned that this move will guarantee massive job loss as robots will take over from human employees.
McDonald's to Offer Garlic Fries in San Francisco for a Limited Time
| Ellie Froilan | | May 04, 2016 03:33 AM EDT |
McDonald's is testing a new product in four locations in San Francisco, garlic fries.
McDonald's Targets Partnership with Private Equity Firms for Asian Expansion
| Charissa Echavez | | Apr 17, 2016 06:32 AM EDT |
McDonald's Corporation is targeting private equity firms such as MBK Partners, TPG Capital Management, Bain Capital and state-owned China Resources Holdings for its planned sale of 2,800 North Asia restaurants.
Foreign Firms Target Chinese Consumers
| Charissa Echavez | | Feb 07, 2016 06:08 AM EST |
Amidst China's economic slowdown, foreign enterprises such as coffee shops and clothing boutiques claim that their businesses are flourishing.
Chinese Court Delivers Verdict Over Meat Scandal Involving McDonald's and Yum Brands' Supplier
| Charissa Echavez | | Feb 03, 2016 10:25 AM EST |
Ten employees of American food supplier OSI Group have been sentenced to imprisonment and fined up to 2.4 million renminbi (US$364,875) by a Chinese court for reusing returned food products to avoid losses.
McDonald's to Let Customers Make Their Own Burger in Beijing
| JB Cach | | Jan 29, 2016 10:17 AM EST |
In a pursuit to win over other stores in China's increasingly competitive fast food scene, McDonald's has unveiled a new store in Beijing – one that offers burger customization to hungry Chinese customers.
McDonald's to Let Customers Make Their Own Burger in Beijing
| JB Cach | | Jan 29, 2016 10:17 AM EST |
In a pursuit to win over other stores in China's increasingly competitive fast food scene, McDonald's has unveiled a new store in Beijing – one that offers burger customization to hungry Chinese customers.
China's Homeless Find Sanctuary at McDonald's
| Eva Etha Marie Monares | | Jan 04, 2016 08:57 AM EST |
Across East Asia, 24-hour McDonald's have become a sanctuary for the downtrodden, providing a warm, dry place to sleep. In major cities in East Asia like Beijing, Tokyo, and Hong Kong, people that are shut out of shelter systems or disowned by their families can find a warm, dry, and cozy place to slumber every night.
Self-serve Order Now In McDonald's Canada
| Vlad Tverdohleb | | Sep 30, 2015 11:35 PM EDT |
McDonald's Canada now has the self-serve order and table service options for its customers.
McDonald's to Sell Taiwan Outlets in Favor of Franchising
| Benjie Batanes | | Jun 26, 2015 08:02 AM EDT |
McDonald's announced on Wednesday that it will sell all of its outlets in Taiwan. The fast-food chain noted that the move is meant to streamline its overseas operation and McDonald's has no intention of leaving the Taiwan market.
McDonald’s To Offer Healthier Menu To Counter Falling Sales
| Vittorio Hernandez | | Apr 23, 2015 05:35 AM EDT |
Because of the perception that its burgers and French fries are the cause why many people are obese and battling health problems, McDonald's is giving in to pressure to change. It took declining revenues to convince the restaurant known for its golden arches to change its meal offerings.
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