December 2, 1999 |
Taking its growth-by-acquisition strategy to a new level, hamburger giant McDonald's Corp. said Wednesday it will buy most of the Boston Market restaurant chain from its bankrupt parent for $173.5 million. The deal marks the first purchase by McDonald's of a national chain, and expands on its plan to diversify beyond its staple burger business. McDonald's Golden Restaurant Operations Inc.
September 12, 2012 |
Calorie counts will be posted alongside images of juicy burgers on McDonald's menu boards nationwide starting next week, much as they have been in California for more than a year. Yielding to growing customer demand and acting ahead of pending federal rules, the fast-food giant said it would replace all inside and drive-through menus at its more than 14,000 U.S. locations with new signs with nutritional details. Analysts said they expect other major chains to follow suit soon.
June 8, 1994 |
McDonald's inadvertently offended thousands of Muslims by printing a Koran scripture on its hamburger bags, then staged a retreat Tuesday after Islamic leaders complained. The stir caused by the world's leading purveyor of fast food began with a World Cup promotion featuring the flags of the 24 nations competing in this summer's soccer championship. One of the flags was that of Saudi Arabia.
July 6, 2004 |
McDonald's Corp. has eliminated the middleman standing between fast-food lovers and their burgers, with an advanced test of technology that promises to shorten lines and give consumers more control over ordering. Outside Chicago in St. Charles, Ill., longtime McDonald's franchisee John Lardas has reconfigured his restaurant, replacing three ordering stations manned by employees at the front counter with one traditional station and four stand-alone computers, or kiosks.
January 24, 2003 |
McDonald's Corp. posted its first quarterly loss Thursday as the world's largest restaurant company absorbed the cost of closing hundreds of restaurants and scaled back its profit growth targets. Facing a fierce price war and changing consumer tastes in the United States, McDonald's said it would close an additional 517 weak-performing restaurants here and in Japan. McDonald's posted a fourth-quarter net loss of $343.
CALIFORNIA | LOCAL
July 2, 1993 |
As executive director of Camp Ronald McDonald for Good Times, Pepper Edmiston was a terrific fund-raiser. But the Pacific Palisades woman who in 1982 founded Camp Good Times for children with cancer, expanded it throughout Southern California and later helped persuade McDonald's to join her, now concedes that it may have been a mistake ever to have become involved with the hamburger giant.
November 6, 1991 |
Six-year-old Marlene Escalera climbed into the brightly colored Playland at the McDonald's in Delano and headed for the "Tug 'N Turn" merry-go-round. But as she spun with a friend in the large rotating fiberglass tub, her shoelace caught on a loose bolt, ripping her tennis shoe apart and breaking her leg in two places.
April 7, 1988 |
Every 17 hours, a McDonald's restaurant opens somewhere in the world, in faraway lands such as Japan or Denmark, in unlikely spots such as a 13th-Century building or a Mississippi River boat. So there was little reason to take notice Wednesday when a new McDonald's raised its arches in Dale City, Va., next to an Exxon station and across from a shopping plaza. But wait a minute.
May 25, 1994 |
Sitting in the parking lot of a McDonald's in Norwalk on Easter in 1987, 17-year-old James V. Beltran thought he held happiness in his hands. He had just bought a Coke and picked up an instant game ticket worth at least $1 million in a restaurant chain promotional contest, and he remembers feeling awestruck. "I realized it would change my life," he said. "I thought it would make me the happiest person I could be."
March 27, 1998 |
After years of gimmicky flops, McDonald's has decided its biggest problem is that some customers just don't like warmed-over burgers. The fast-food chain plans to install computerized and partially robotic kitchens in all its U.S. outlets by the end of next year. The machines can deliver fresher, made-to-order Big Macs, Quarter Pounders and new items that would slow down the old kitchens too much. Heat lamps will no longer be used.