It might look and smell like McDonald’s but now it’s Vkusno & tochka. The golden arches are gone, the Filet-O-Fish is simply a fish burger. The Big Mac has left Russia. A new era for Russia’s fast-food and economic scene dawned on Sunday, as McDonald’s restaurants flung open their doors in Moscow under new Russian…
Tasty Name but No Big Mac: Russia Opens Rebranded McDonald’s Restaurants
June 12, 2022
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Golden Arches Make Way for Hamburger and Fries After McDonald’s Russian Exit
A hamburger and two potato fries will feature on the new logo at former McDonald’s restaurants in Russia, the local company said, as it unveiled an advertising campaign ahead of its official reopening on Sunday. After more than three decades in Russia, McDonald’s Corp. in May said it was selling its restaurants in Russia to…
McDonald’s Selling Russian Business: Will Anyone Buy Restaurants When They Could Steal the Brand For Free?
McDonald’s Corp announced Monday its intention to sell its Russian restaurants. This comes as the company faces the potential of losing its trademarks in the region, which could harm the sale of the business. What Happened McDonald’s will sell its Russian business due to the continuing international crisis happening between Russia and Ukraine. The exit from the region…
McDonald’s to Sell Its Russian Business, Try to Keep Workers
McDonald’s said Monday that it has started the process of selling its Russian business, which includes 850 restaurants that employ 62,000 people, making it the latest major Western corporation to exit Russia since it invaded Ukraine in February. The fast food giant pointed to the humanitarian crisis caused by the war, saying holding on to…
McDonald’s in the Spotlight as Investors Seek Details of Lost Russia Revenue
McDonald’s is poised to take a bigger financial hit from the war in Ukraine than any other major global restaurant chain, with investors watching on Thursday when it reports first quarter earnings to see how much the company stands to lose. Average estimates for full-year earnings for McDonald’s Corp. have fallen a little over 3…
NY Pension Chief Says McDonald’s, PepsiCo Should Consider Russia Risk
March 7, 2022
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NEW YORK—The chief of New York state’s pension fund said on Thursday that McDonald’s Corp., PepsiCo. and other companies with a large footprint in Russia “need to consider whether doing business in Russia is worth the risk during this extraordinarily volatile time.” Political pressure is building for companies to halt business in Russia because of…
Apple App Store Analysis: McDonald’s Passes DoorDash, Walmart, and Disney
McDonald’s Corp.’s stock has been trending higher during the month of November and the company’s app is moving up with it. The fast-food app began the month ranked 45th, but has since seen download volume and usage surge. The McDonald’s app is ranked 18th in the “Top Free Apps” category in Apple Inc’s app store as…
McDonald’s in the United States Is Willing to Pay $ 21 an Hour for Staff Shortages
By Entrepreneur en Español In April this year, a McDonald’s branch apologized for the lack of workers at its establishment. A sign posted via a TikTok video read “We’re short staffed. Please be patient with the staff who did show up. Nobody wants to work anymore ”. However, now an image has come to light…
Trudeau’s Chief of Staff Knew of Allegation Against Vance, Ex-PMO Adviser Suggests
OTTAWA—A former senior adviser to the prime minister gave testimony before a parliamentary committee Friday suggesting Justin Trudeau’s chief of staff Katie Telford knew about a misconduct allegation against Canada’s then−top military commander three years ago. Elder Marques, who worked in the Prime Minister’s Office, said Telford or her assistant contacted him on March 1…
McDonald’s to Keep Dining Rooms Closed in Texas, Mississippi
McDonald’s Corp will keep dining rooms in its Texas and Mississippi restaurants closed, even as the two U.S. states lifted coronavirus curbs allowing businesses to reopen at full capacity. The fast-food chain told Reuters on Thursday it was not planning to make any changes to its COVID-19 protocols right away. The decline in the new…
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