McDonald's is experiencing success, with same-store sales up 8.1% and revenue of $6.69 billion reported for the third quarter. The company is looking to capitalize on this success by opening 10,000 new stores worldwide and adding 100 million members to its loyalty program by 2027. McDonald's is also investing in technology, offering more value meals and discounts, and introducing an improved version of its burger to keep customers coming back.
Posts tagged as “McDonald’”
The U.S. Department of Labor has found that more than 300 children, including two 10-year-olds, were working in violation of federal labor laws at 62 McDonald's restaurants across four states. The 10-year-olds were found to be working until as late as 2 a.m. and performing prohibited tasks such as operating a deep fryer. The Department of Labor is currently investigating the violations and has not yet announced any penalties.
Israel is facing a major political crisis as its largest trade union has called for a "historic" strike in response to Prime Minister Benjamin Netanyahu's planned judicial overhaul. This has caused the closure of transportation, universities, restaurants, and retailers, with flights from the main international airport being grounded and Ben Gurion Airport near Tel Aviv seeing delayed flights. The Histadrut, Israel's largest trade union group, has urged the government to "return to the path of dialogue and understanding" to resolve the crisis, though it remains to be seen how long the strike will last and what impact it will have.