...is not in a recession proof business. It is not even in a business that Wall St. loves. People with less and less money in their pockets may go to inexpensive restaurants, but, in many cases, they don't go at all. Shares in Yum (YUM) and Burger King...
...recession, a handful of U.S. and global companies are riding out the storm in good shape. Among them are Wal-Mart, Abbott Labs, McDonald's, P&G, Costco, Kraft Foods, J&J, Novartis and Homeaway. http://www.usatoday.com/money/economy/2008-12-03-recession-proof-companies_N.htm...
...chain's program works on its image The only obstacle between kids and their french fries: Mom. So here is Debra DeMuth, McDonald's global nutrition director, mounting a spirited defense of fries to five mothers of young children at a McDonald's in Baltimore....
...wraps, according to an October memo from a franchisee leader to colleagues. But the memo doesn't mention a national rollout. McDonald's won't comment on plans for new menu items, but it has credited recent additions such as snack wraps and the...
Background
McDonald's (NYSE: MCD) is the world's largest chain of fast food restaurants, serving nearly 47 million customers daily. McDonald's primarily sells hamburgers, cheeseburgers, chicken products, French fries, breakfast items, soft drinks, milkshakes and desserts. More recently, it has begun to offer salads, wraps and fruit. Many McDonald's restaurants have included a playground for children and advertising geared toward children, and some have been redesigned in a more 'natural' style, with a particular emphasis on comfort and the absence of hard plastic chairs and tables.
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Timeline
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was said in:
2 days ago from Local6.com