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The Latest Breaking News from Chris Kempczinski

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.

Al Jazeera

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

The Independent UK

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.

Kiplinger

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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

Salon

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

The Independent UK

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?

Fortune

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“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.

Bored Panda

McDonald’s buys all 225 of Israeli franchise restaurants after boycotts

McDonald’s subject to boycotts since franchisee Alonyal announced it would give free meals to the Israeli military.

Al Jazeera

Democrats' $18 Big Mac meal problem

Conservative commentators have started to link Big Macs and "Bidenflation"

Salon

McDonald’s blames Israel’s war in Gaza for missing sales target

Slump comes after customers in Muslim countries boycotted brand over its perceived support for Israel.

Al Jazeera

McDonald's Faces Sales Decline Amidst Middle East Boycotts

McDonald's ends the year on a bumpy note due to backlash from the war in Gaza, but still reports strong sales and revenue growth for 2023.

Top News

Pebble Beach Pro-Am Tee Times - Rounds One And Two

Rory McIlroy makes his only his second appearance at the Pebble Beach Pro-Am as many of the world's best compete

Golf Monthly

McDonald’s brings back fan-favourite menu item

‘We think we’re going to be able to deliver a great tasting large burger at a superior value to what [customers] can get anywhere else,’ franchise CEO says

The Independent UK

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The Guardian - UK

Will weight loss drugs kill the fast food business?

Many firms see the dire forecasts as ‘overblown’ but they know they will have to adapt products to make ‘every bite counts’

The Independent UK

McDonald’s chief says anti-Israel boycotts hitting sales

The fast-food giant’s boss criticises “misinformation” about McDonald’s view on the conflict in Gaza

Evening Standard

McDonald’s chief says Israel-Gaza ‘misinformation’ is hurting sales

The fast food chain has faced boycotts after its Israeli franchise donated thousands of meals to soldiers fighting in Gaza

Fortune

McDonald's CEO admits Middle East boycotts are impacting business

"We abhor violence of any kind and firmly stand against hate speech, and we will always proudly open our doors to everyone."

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The Guardian - UK

McDonald’s to take on Starbucks with retro-style stores called CosMc’s

New restaurants – serving more complex, customisable drinks – will be trialled in the US

Fortune

The CEO of McDonald's talks about his AI goals, the 'emotional benefits' of their menu items, and big plans for a China expansion

"There's no reason why China couldn't be our largest market."

Fortune

McDonald’s CEO says consumers suffering ‘difficult times’ can actually be a good thing for his business

Bosses couldn't rule out further price hikes at McDonald's on its Q3 2023 call, but did say the rate of increases will slow in line with inflation.

Zenger

McDonald’s Launches New Restaurant Concept: Why The Timing Could Be Perfect For Aliens

Two news items may have collided in the last week with restaurant giant McDonald’s Corporation (NYSE: MCD).

Chicago Sun-Times

McDonald’s plans to launch a new restaurant based off an ‘80s character

The fast-food chain plans to test a small-store format called CosMc’s, which was the name of a character from its TV ads in the 1980s.

WEKU

The U.S. economy is losing steam. Bank woes and other hurdles are to blame.

The country's GDP growth is slowing as banks cut back on credit and the Federal Reserve tries to crack down on inflation.

Fortune

McDonald's CFO is starting to sound like a CMO—here's why

Marketing is one of McDonald's "primary competitive edges," says Wedbush analyst Nick Setyan.

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