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McDonald's CEO says Israel-Hamas war is having a "meaningful" impact on its business

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[ad_1] McDonald's CEO Chris Kempczinski said the restaurant chain is seeing a "meaningful business impact" in the Middle East and elsewhere related to the Israel-Hamas war . In a letter posted to LinkedIn, the executive said Thursday that "misinformation" related to the conflict has affected several of McDonald's markets across the world. Companies including McDonald's and Starbucks have faced boycott campaigns from both pro-Palestinian and pro-Israel groups over their perceived support for one side or the other following Hamas' Oct. 7 attack on Israel . "This is disheartening and ill-founded," Kempczinski said in the letter.  Kempczinski didn't disclose how much the conflict has hurt sales. McDonald's is expected to report its earnings later this month, which could reveal more about the effect of the conflict on its operations.  McDonald's did not immediately respond to

Photo of Connecticut McDonald's $18 Big Mac meal sparks debate online

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[ad_1] An image of McDonald's menu this week went viral because people couldn't believe the prices depicted. Twitter user Sam Learner says he snapped the photo at a McDonald's located at a Connecticut rest stop. In the photo, a Big Mac combo meal – with fries and a soft drink – is $17.59. Other combo meals, like a Quarter Pounder with bacon and cheese, are priced at $18.99 in the photo. Menu prices for many restaurants are often higher on delivery apps than in-store. On GrubHub , a Big Mac combo meal from the Darien location will set you back $21.59.  The high prices stand out, considering the fast food chain is known for low-priced food and even boasts a $1 menu at many locations. This was at a rest stop, but these McDonald's prices are nuts right??? pic.twitter.com/0qq8Ima3ZA — Sam Learner (@sam_learner) July 18, 2023 After discovering the expensive McDonald's off of I-95 in Darien, Learner said he looked into the company's prices a bit more. &q

Who moved my tomato? McD's stares at shortage | India News - Times of India

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[ad_1] NEW DELHI: Patrons of McDonald's will have to do without tomatoes in their burgers for now, as some of the fast-food giant's India outlets have dropped it from their menu, citing "non-availability" of high-grade tomatoes. Consumers took to Twitter on Friday to report the missing veggie, at a time when prices of tomatoes have been on the boil. Tomato prices have soared almost 1.4 times to Rs 123/kg in Delhi. The average price across India was estimated at Rs 100/kg, against Rs 45 a year ago, according to consumer affairs ministry data. Aditya Shah, a Sebi-registered investment adviser, posted an image of a McDonald's store in Delhi notifying customers about "temporary unavailability" of tomatoes. "Despite our best efforts, we are not able to get adequate quantities of tomatoes which pass our stringent quality checks," read the notice issued by the management at Connaught Plaza Restaurants ( CPRL ), which runs the McDonald's nort