Pandemic changes sales split, takeaway now accounts for up to 30% of food companies' business
Takeaways are currently accounting for 10-30% of overall sales of several food brands, from McDonald’s and Chaayos to KFC and Taco Bell, just a few months after restaurants were allowed to open their doors to consumers.
McDonald's resumes dine-in facility in 50 outlets of north, east regions
"To date, we have opened more than 100 restaurants across our north ...
McDonald’s North & East seeks rental waivers
The US burger and fries giant has joined other restaurant chains including Jubilant FoodWorks-op...
McDonald's sues ousted CEO Stephen Easterbrook, alleging employee relationships
"McDonald's does not tolerate behavior from employees that does not reflect our values," said McDonald's President and CEO Chris Kempczinski, who was promoted following Easterbrook's departure, in a message to employees Monday.
Covid lockdown: At McDonald’s, Domino’s sellers, staff get paid in slices now
“There is absolutely no income coming our way due to the Covid-induced lockdown for over a month. As a result, most companies are facing the problem of paying the employee salaries in full for the month of April,” said National Restaurant Association of India president Anurag Katriar.
McDonald’s North & East seeing slow recovery to normalcy: CPRL head
“There are still some operating restrictions as we move to the unlock period. It will take us some more time to get back to earlier level of business but we are seeing a slow return to normalcy,” Robert Hunghanfoo, head of CPRL said.
McDonald's global sales suffer as COVID-19 lockdowns limit operations
Restaurants have been struggling to cope with the changing dynamics and consumer behaviors around the health crisis, forcing them to simplify menus and shift largely to online and mobile orders for pickup, delivery and drive-thru.
McDonald's India (North & East) launches contactless ordering in partnership with DotPe
A technology startup, DotPe provides digital transformation and commerce solutions to restaurants and F&B brands. The company said by offering its QR code and WhatsApp based scan-order-pay solution with direct communication and digital ordering management technology, it can assist restaurants ensure streamlined business operations.
McDonald's sues former CEO Stephen Easterbrook over alleged relationships with employees
Easterbrook "concealed evidence and lied about his wrongdoing" and had physical sexual relationships with three McDonald's employees in the year before his termination, the filing said.
Covid-19 lockdown: Tata Starbucks seeks rent waiver for three months
The coffee chain wants to reduce fixed operating expenses till consumption in the sector improves. Industry experts are of view that the coffee chain is trying to nudge the landlords, and if this doesn’t work, it will seek relief under ‘force majeure’ clauses as some other restaurant chains, retailers, and multiplexes have done.
Covid-19 is killing young Floridians. Work, not partying, is often to blame.
The number of younger adults who died of the disease in Florida quadrupled last month, underscoring a bitter mathematical reality: As more and more young people test positive for the coronavirus, more of them will die. Nationally, just 38 coronavirus deaths out of every 1,000 in July were attributed to younger people, but that is up from 22 per 1,000 in May.
Wall Street veteran says next US stimulus will be more than $1 trillion
'The Republicans want $1 trillion, the Democrats are for around $3 trillion. And there is even a little bit of a split within the Republican Party itself. So we are going to see lot of horse-trading. '
Wall Street falls as pandemic hurts consumer confidence and earnings; stimulus plan underwhelms
Data released in the morning showed U.S. consumer confidence ebbed in July as coronavirus infections flared up across the country. The Dow Jones Industrial Average fell 205.49 points, or 0.77%, to 26,379.28
McDonald's relaunches online food ordering service in North and East India
Connaught Plaza Restaurants Pvt Ltd would now serve the food ordered through its McDeliveryTM app and website.