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The Latest Breaking News from Chris Kempczinski

McDonald's CEO warns the fast-food giant is 'not immune' to economic volatility after worst sales slump since 2020

Store traffic dropped nearly 10% for lower-income consumers this quarter, CEO Chris Kempczinski told investors Thursday.

Fortune

McDonald’s CEO shares 3 food trends driving his business: 'Protein is hot'

CEO of McDonald’s Chris Kempczinski says “everybody is into protein.”

Fortune

DEI has fallen out of favor—but many CEOs still have their pay tied to pursuing its goals

Companies pledged to pay execs for hitting DEI-related goals, but now that “DEI” is on the outs, companies are giving their plans a facelift.

Fortune

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McDonald's Says US Sales Decreased As Customers Spent Less

McDonald's reported a slight decline in North America sales despite overall global growth.

International Business Times

McDonald's Sued Over Hispanic Scholarship Program Because Non-Hispanics Can't Apply

A group is suing McDonald's over a scholarship program that is only available for Hispanic and Latino students.

International Business Times

McDonald's Unveils New 'McValue' Menu Today: Here's What To Expect

The new Meal Deal platform offers a variety of customizable options, including Buy One, Add One for just $1, $5 meal deals, exclusive in-app offers, and localized regional deals.

International Business Times

US Mom To Sue McDonald's After Daughter Hospitalised With Acute Kidney Failure Following Quarter Pounder Meal

A U.S. mother is planning to sue McDonald's after her teenage daughter developed acute kidney failure, allegedly due to an E. coli infection from a Quarter Pounder, amid a wider outbreak linked to the fast-food chain.

International Business Times UK

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Inside McDonald’s plan to win back American consumers amid sales slump, E coli outbreak

McDonald’s introduced their $5 value meal earlier this year in response to inflation

The Independent UK

McDonald's Visits Plunge 9% After E. Coli Outbreak

The fast food giant acknowledged the crisis hurt its momentum, without providing numbers, but a location data tracking company said visits fell 9% last week.

International Business Times

McDonald's Stock Stabilizes After Earnings. Is It Time to Buy?

McDonald's stock is moving cautiously higher Tuesday after the fast-food chain beat Q3 expectations, but E. coli concerns remain.

Kiplinger

McDonald’s customers in UK and France not ‘Lovin’ It’ as global sales slump

Weak demand in several markets pushed down sales across the group, despite a flurry of marketing campaigns and deals

Evening Standard

The price of your cheeseburger is being threatened by Big Meat, alleges McDonald’s

McDonald’s accuses all the major meat processing giants of colluding to choke the beef supply and drive up prices.

Fortune

McDonald’s unveils its jumbo burger

“It's a quintessential McDonald's burger with a twist on our iconic, familiar flavors," the brand's CEO said Monday

Salon

McDonald's McSlump is a symptom of the 'constant drumbeat' of the election, Columbia professor says

The election is making people think the economy is worse than it really is.

Fortune

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Fortune

McDonald's gargantuan 'Big Arch' burger contains two-thirds of your daily caloric intake—and that's with no fries or drink

The fast-food giant is launching its mammoth new menu item in select international markets.

Fortune

McDonald's CEO blames Muslims' Gaza boycott for first quarterly sales drop since COVID

The fast food restaurant chain is losing customers following a boycott of its Israeli franchisee.

The Independent UK

McDonald’s could ‘rethink’ prices after sales fall for first time in four years

Limited-time customer favourite deals may be making a comeback in both the US and UK

Al Jazeera

McDonald’s sales fall globally for first time in over three years

McDonald’s CEO Chris Kempczinski says low-income consumers eating at home and finding other ways to economise.

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The Independent UK

McDonald’s profits down 12% as low-income families tighten budgets with chain hoping $5 deal can save sales

The fast-food giant began offering $5 meal deal in June

Kiplinger

Stock Market Today: Stocks Subdued Ahead of Fed Meeting, Big Tech Earnings

While the main indexes were relatively quiet, McDonald's and ON Semiconductor notched big post-earnings gains.

Salon

Fast food chains are cutting menu prices

Wendy's is the latest food retailer to announce its own meal promo: an all-new $3 breakfast combo

The Independent UK

McDonald's plans $5 US meal deal next month to counter customer frustration over high prices

McDonald’s is planning to introduce a $5 meal deal in the U.S. next month to counter slowing sales and customers’ frustration with high prices

The Independent UK

McDonald’s $5 menu is out – and people are not happy

Fast food giant is launching a discounted meal deal in attempt to become more affordable – however the offer is only sticking around for a month

Fortune

McDonald's is cutting some prices, but only for a limited time

Fast food chain looks to lure diners back, but will limited-time deal prove a short-term bump?

Bored Panda

“McDonald’s Has Gotten Too Cocky”: Internet Blasts Fast-Food Chain For Crazy-High Burger Prices

McDonald's announced plans to launch a $5 meal deal in the U.S. to appease customers who have been complaining about the burger chain's surging prices. The post “McDonald’s Has Gotten Too Cocky”: Internet Blasts Fast-Food Chain For Crazy-High Burger Prices first appeared on Bored Panda.

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