2024-08-21 23:55:08
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McDonald's Growth Strategy: Opening 200 New Restaurants in UK and Ireland
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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
McDonald's to open 200 new restaurants in growth drive
Economy
Finance
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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
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
McDonald's to invest one billion pounds in the UK and Ireland
Economy
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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.
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