February 3, 2012 |
With half-moon-shaped booths, low stools, wooden blinds and flat-screen TVs, most patrons might expect to pay $8 for a burger, or $4 for a smoothie. But the decor isn't a harbinger of price. This is the new look of a remodeled McDonald's, purveyor of Happy Meals and value deals as well as upscale coffee drinks. The Oak Brook, Ill.-based burger chain is reaching critical mass on a nearly decade-long, multibillion-dollar global renovation and rebuilding project it's betting will boost sales, traffic and brand perception.
May 24, 2012 |
McDonald's Corp. is headed into new territory after Thursday's annual shareholders meeting, with a new chief executive slated to take over and more attempts to modernize the chain and offer healthful options. Among the efforts discussed by incoming Chief Executive Don Thompson at the Oak Brook, Ill. chain's event: Tests on decaf and skim milk options for the McCafe beverage line and more additions of grains and fruits to the menu. “We're ensuring that we have something on the menu for everyone at every price point,” Thompson said.
March 31, 2014 |
There will be lots of local representation in Wednesday's McDonald's All American Game for boys' and girls' in Chicago. Stanley Johnson from Santa Ana Mater Dei and Thomas Welsh from Los Angeles Loyola are playing in the boys' game. Jordin Canada from L.A. Windward and Lajahna Drummer from Long Beach Poly are playing in the girls' game. The slam dunk contest will be shown Monday at 6 p.m. (West Coast time) on ESPNU. The girls' game will be on ESPNU at 4 p.m. (West Coast time)
July 22, 2013 |
The rest of the year won't be easy for McDonald's Corp., according to the chief executive of the world's largest burger chain. Same-store sales at U.S. restaurants open more than a year were slightly negative in June, according to Don Thompson in a conference call with analysts Monday. The gauge is expected to be flat in July globally. If recent sales trends are any indication, McDonald's results for the remaining months of 2013 “are expected to remain challenged,” he said. “While the informal eating out market remains challenging and economic uncertainty is pressuring consumer spending, we're continuing to differentiate the McDonald's experience by uniting consumer insights, innovation and execution," Thompson said.
May 13, 2013 |
McDonald's has announced it will add three new Quarter Pounder burgers to its menu and take off the Angus Prime third-pound burgers. With the new chicken wraps and egg white, whole grain McMuffins also on the menu, maybe no one will notice the new burgers have a little less meat? The fast-food chain is trying to combat a serious slump in sales with a slew of new menu items after reporting a drop in monthly sales for the first time in nearly a decade. But to save money, it's also cutting the meat.
January 19, 2014 |
Business travel has rebounded from the Great Recession, but lots of travelers remain frugal when spending company money on the road. That was one of the findings of a new report that analyzed millions of business travel expense reports. For breakfast, the most frequent eatery for business travelers was Starbucks -- 14% of travelers bought food from the coffee shop, spending an average of $8.44 per meal, according to an analysis for the last...