McDonald's problems couldn't have surfaced at a worse time. Cut-throat competition, rapid expansion and a slowdown in consumer spending in the wake of demonetisation have seriously dented the overall quick-service restaurant business.
World's second-largest fast-food chain to launch its McCafe coffee brand in India on Monday.
Fast-food chain McDonald's India said on Tuesday it plans to open 180-190 company-owned restaurants by 2015 with an estimated investment of up to Rs 570 crore (Rs 5.7 billion). "We have 157 restaurants now and we plan to open 180-190 company-owned restaurants by 2015, including between 30 to 40 this year," McDonald's India managing director Amit Jatia said in Mumbai.
Kids don't just ask for food from McDonald's, they actually believe that the chicken nugget they think is from McDonald's tastes better than an identical, unbranded nugget
Food service retailer McDonald's said on Wednesday that it would open 14 restaurants this year with an investment of Rs 40 crore (Rs 400 million) and enter two more cities.
David Warner will have a big Ashes and have backed him to deliver at the top of the order.
Let's have a look at some amazing facts that reveal its reach and strength.
Former Test spinner Shane Warne is all set to get a new accolade -- a McDonald's burger named after him.
Rafael Nadal said a MRI scan had shown a micro tear on a muscle.
'We've got some areas we can improve, there's some growth within the team and there's two obvious ones.'
Bakshi had moved the application under Section 9 of the Conciliation and Arbitration Act, dealing with foreign arbitration and foreign tribunals.
Royal Chellangers Bangalore all-rounder Andrew McDonald has said that three positions are still up for grabs after table toppers Delhi Daerdevils have virtually secured their place in the play offs of the ongoing Indian Premier League.
Burger giant McDonald's is all set to roll out its latest web delivery initiative.
'We had one hour of chaos there and that cost us that Test match when we'd played pretty good cricket. We came here and doubled down on what we'd set out to achieve at the start of the tour.'
Australia head coach Andrew McDonald said the hosts would field their strongest side against Pakistan, which means a welcome return for spinner Nathan Lyon, who will chase his 500th Test wicket after injury ruled him out of the last three matches of the Ashes.
Andrew McDonald believes the biggest challenge for his side in the upcoming Border-Gavaskar Test Trophy will be to tackle 'slide spin'
Ravindra Jadeja and Axar Patel among others, will be the 'differentiator' in the three remaining Tests
The 3.9 million yuan ($630,000) fine is the biggest-ever.
'We'll see how he goes in the build-up and make that decision when we get on the ground in India'
A white paper will be released in Delhi on September 29 by the company that would give an insight into the current market-size of the retail food industry and the revenue it generates.
Hardcastle Restaurants to pay royalty of 8% of net sales by 2020, against the current 3%.
In a shocking incident, a homeless child was thrown out a McDonald's outlet in Pune.
McDonald's India is setting up a food processing plant in the North. Though the location is yet to be finalised, the proposed plant is likely to be set up either in Punjab or Haryana with an investment of Rs 100 crore. Also, it has plans to set up a distribution centre in this region in addition to Delhi, Mumbai, Kolkata and Banglore.
Amid controversy over a street child being thrown out of a McDonald's restaurant in Pune, the Shiv Sena, which is a part of BJP-led government in Maharashtra, on Monday wondered as to when will acche din (good days) arrive for the poor in the country.
McDonald said team management were continually talking to senior players about their plans.
'Any time Smith and Stoinis are there there's a chance. They are both quality players and given the opportunity, they would have taken the match closer.'
Warner in our plans for India tour: Australia coach
Manhattan artist Sally Davies bought a McDonalds happy meal six months ago on April 10 of this year, and has photographed it everyday -- and six months later, the meal shows almost no signs of decomposing.
Manhattan artist Sally Davies bought a McDonalds happy meal six months ago on April 10 of this year, and has photographed it everyday -- and six months later, the meal shows almost no signs of decomposing.
Nadal expresses doubt over Australian Open participation
'I am a big fan of Travis Head as a cricketer, I believe he will be a future star for Australia in all forms of the game.'
For long, McDonald's has been riding on the affordability plank, advertising its prices that are apparently a throwback to an era. Now, it has to share the plank with India's oldest fast food giant, Nirula's when it comes to people picked from sepia tone menus. In spite of a rise in input costs, homegrown fast food chain Nirula's, which a-decade-and-a-half ago was the only one of its kind in Delhi, has slashed its prices.
'I think our training wickets have been really difficult as well. So it's been nice to actually stand in a training wicket and keep to our bowlers.'
Consumer spending in India has taken a hit in the past three quarters as rising food prices, meagre salary increases and the slowest Indian economic growth in a decade hurt buying appetites for clothes, cars and eating out.
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