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McDonald's warns traffic recovery may lag; unveils $8.5 billion investment plan

McDonald's warns traffic recovery may lag; unveils $8.5 billion investment plan

By Anuja Bharat Mistry and Waylon Cunningham Sept 23 (Reuters) - McDonald's warned on Wednesday that customer traffic in key markets would likely remain flat as long as inflation remained elevated, sending its shares down 5% even as it unveiled an $8.5 billion franchisee support plan and a slate of
ReutersReuters
McDonald's expects inflation to keep traffic flat, shares dip after $8.5 billion capex plan

McDonald's expects inflation to keep traffic flat, shares dip after $8.5 billion capex plan

By Anuja Bharat Mistry and Waylon Cunningham Sept 23 (Reuters) - McDonald's warned on Wednesday that customer traffic in key markets would likely remain flat as long as inflation remained elevated, sending its shares down as much as 6.5% even as it unveiled an $8.5 billion franchisee support plan
AP NewsAP News
More tech and hand-breaded chicken coming to McDonald's as part of $8.5 billion modernization push

More tech and hand-breaded chicken coming to McDonald's as part of $8.5 billion modernization push

McDonald’s said Wednesday it will spend $8.5 billion over the next decade to modernize its restaurants globally
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Loyalty Programs Risk Creating Price-Sensitive Customers, Not Loyal Ones

Loyalty Programs Risk Creating Price-Sensitive Customers, Not Loyal Ones

Loyalty Programs Risk Creating Price-Sensitive Customers, Not Loyal Ones
ReutersReuters
McDonald's outlines $8.5 billion plan to support franchisees

McDonald's outlines $8.5 billion plan to support franchisees

Sept 23 (Reuters) - McDonald's on Wednesday outlined about $8.5 billion in franchisee support as part of an expanded growth plan and set targets for margin and market share growth as it looks to revive momentum after several quarters of slower performance.
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Retailers Embrace AI and Cultural Personalization to Meet Evolving Consumer Demands

Retailers Embrace AI and Cultural Personalization to Meet Evolving Consumer Demands

Retailers Embrace AI and Cultural Personalization to Meet Evolving Consumer Demands
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Carter's Adapts Brand Strategy to Resonate with Gen Z Parents

Carter's Adapts Brand Strategy to Resonate with Gen Z Parents

Carter's Adapts Brand Strategy to Resonate with Gen Z Parents
ReutersReuters
McDonald's lays out $8.5 billion franchisee support plan, targets higher margins by 2030

McDonald's lays out $8.5 billion franchisee support plan, targets higher margins by 2030

Sept 23 (Reuters) - McDonald's on Wednesday outlined about $8.5 billion in support for franchisees as part of an expanded growth plan and set targets for margin and market share growth as it looks to revive sales momentum after several muted quarters.
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Deloitte Insights Highlights Importance of Long-Term Brand-Creator Collaborations

Deloitte Insights Highlights Importance of Long-Term Brand-Creator Collaborations

Deloitte Insights Highlights Importance of Long-Term Brand-Creator Collaborations
The Commercial AppealThe Commercial Appeal
A major Wendy's franchisee went bankrupt. How many are in Tennessee?

A major Wendy's franchisee went bankrupt. How many are in Tennessee?

Meritage Hospitality Group filed for bankruptcy, raising questions about the future of its 314 Wendy's locations.
TheStreetTheStreet
Costco makes rare mistake with new delivery service

Costco makes rare mistake with new delivery service

In an attempt to boost convenience, Costco may have taken a step backward, which could ultimately hurt sales.
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McDonald's CEO Chris Kempczinski Addresses GLP-1 Impact and Menu Adaptation Amidst Shifting Consumer Habits

McDonald's CEO Chris Kempczinski Addresses GLP-1 Impact and Menu Adaptation Amidst Shifting Consumer Habits

McDonald's CEO Chris Kempczinski Addresses GLP-1 Impact and Menu Adaptation Amidst Shifting Consumer Habits