2024-08-21 23:55:08
Business
Companies
Economy

McDonald's Growth Strategy: Opening 200 New Restaurants in UK and Ireland

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McDonald's has strategically shifted its focus from Russia to the UK and Ireland markets, planning to open over 200 new restaurants and investing £1 billion. With a goal to create 24,000 jobs, the expansion includes various formats like high street and smaller 'drive-to' locations.

The company aims to open a total of 10,000 new global restaurants by 2027. Despite facing challenges such as declining sales and boycotts in other regions, McDonald's remains committed to growth. CEO Alistair Macrow emphasizes customer value, restaurant investments, supplier support, and youth initiatives as key priorities.

The move signals a renewed dedication to the UK market, with a focus on franchisee partnerships and innovative store concepts. Analysts view this expansion as a strategic approach to drive growth, leveraging tailored offerings to cater to evolving consumer preferences and boost revenue.

This significant investment marks a milestone for McDonald's, reinforcing its position in the competitive fast-food industry.

Yahoo!
21. August 2024 um 12:31

McDonald’s to open more than 200 new restaurants in UK and Ireland

Economy
Finance
Politics
McDonald's to open 200+ new UK/Ireland restaurants, 24,000 jobs. £1 billion investment. Expansion includes high street, smaller, "drive to" formats. Plans 10,000 more global restaurants by 2027. Currently 1,435 UK restaurants, 170,000 employees. 50 years since first UK opening, renewed high street focus. Four-fifths of UK restaurants franchised, new format trials. CEO Alistair Macrow: focus on customer value, restaurant investment, supplier support, youth initiatives.
BBC
21. August 2024 um 15:49

McDonald's to open 200 new restaurants in growth drive

Economy
Finance
Politics
McDonald's has pulled out of Russia after its invasion of Ukraine, as the company doubles down on more 'stable' UK and Ireland markets amid boycotts in the Middle East and other countries over its perceived support of Israel's campaign in Gaza, and the fallout from a BBC investigation of over 100 allegations of sexual abuse and harassment from current and recent staff.
The Guardian
21. August 2024 um 18:00

McDonald’s hopes to create 24,000 jobs with UK and Ireland expansion

Economy
McDonald's 200+ UK/Ireland restaurants, 24,000 jobs; £1bn. 10,000 more global stores by 2027. Expanding Greggs. UK food-to-go 40% by 2028. CEO Macrow. First quarterly sales miss in 4 years. Driven by return to offices, home treats. 50 years since Woolwich debut. 1,435 UK restaurants, 170,000+ franchisee staff. Testing smaller, "drive to" formats.
stern
21. August 2024 um 17:43

McDonald's to invest one billion pounds in the UK and Ireland

Economy
Finance
Politics
McDonald's plans to open 10,000 new locations worldwide by 2027, despite a decline in sales. Analysts see growth potential through suitable offerings, such as for the lunch break. In the second quarter of 2021, the company recorded its first global sales decline in four years. Business was particularly poor in the Middle East and China. To win back customers, McDonald's plans advertising campaigns and affordable menus.
CW

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