Space Industry and Business News  
FARM NEWS
McDonald's to add 1,500 outlets in China, Hong Kong, SKorea
by Staff Writers
New York (AFP) March 31, 2016


McDonald's said Thursday it plans to open more than 1,500 restaurants in China, Hong Kong and South Korea over the next five years and wants partners in the Asia expansion.

The US fast-food giant has more than 2,800 restaurants in the three markets, most of which are company-owned. Worldwide, more than 80 percent are owned and operated by independent local people, and the company's long-term goal is to be 95 percent franchised.

"Asia represents a significant area of opportunity for McDonald's to blend our global quality standards with local insights and expertise from partners who share our vision and values," said Steve Easterbrook, McDonald's president and chief executive, in a statement.

Easterbrook, who has been leading a turnaround at the company since taking the helm a year ago, said the outreach for partners would help accelerate growth and scale faster across diverse markets "placing us closer to our customers and the communities we serve."

China, Hong Kong and South Korea are part of McDonald's "high-growth markets" segment, which includes countries having relatively higher restaurant expansion and franchising potential.

McDonald's recently announced it was seeking strategic partners in Taiwan and Japan as it seeks to reduce the number of restaurants that it owns and operates.

Shares in Dow member McDonald's edged up 0.1 percent to $125.96 in early trade.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
Farming Today - Suppliers and Technology






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
FARM NEWS
Laser reveals water's secret life in soil
Washington DC (SPX) Mar 31, 2016
Most of us think nothing of rainfall or where it goes, unless it leads to flooding or landslides. But soil scientists have been studying how water moves across or through soil for decades. Daniel Hirmas, a professor at University of Kansas, and his team may be taking the study of soil hydrology to some exciting new territory. Territory that may help soil scientists manage water resources better. ... read more


FARM NEWS
For the first time scientists can observe the nano structure of food in 3-D

A new model for how twisted bundles take shape

Local fingerprint of hydrogen bonding captured in experiments

Microagents with revolutionary potential

FARM NEWS
In-orbit delivery of Laos' 1st satellite launched

Upgrade set for Britain's tactical communications system

Airbus continues operating German military satellites

BAE Systems supports Navy communications and electronics

FARM NEWS
MHI signs H-IIA launch deal for UAE Mars mission

Launch of Dragon Spacecraft to ISS Postponed Until April

ILS and INMARSAT Agree To Future Proton Launch

Soyuz 2-1B Carrier Rocket Launched From Baikonur

FARM NEWS
ISRO Developing 'Front-End Chip' for Satellite Navigation System

India to Launch Sixth Navigational Satellite on Thursday

Lockheed Martin building next generation of military GPS satellites

Traffic app says not at fault for Israel troops losing way

FARM NEWS
New material could make aircraft deicers a thing of the past

Mozambique debris 'almost certainly from MH370'

RAND Corp receives $231 Mln to plan fture of US Air Force

China's giant Y-20 airlifter expected to enter service this year

FARM NEWS
Taiwan's TSMC signs deal for $3 bn plant in China

New terahertz source could strengthen sensing applications

NIST's 'optomechanical transducer' links sound, light, radio waves

Unlocking the gates to quantum computing

FARM NEWS
Fairy circles discovered in Australia by researchers

NASA Airborne Mission Looks At Fires and Cooling Atlantic Clouds Decks

Unravelling a geological mystery using lasers from space

Research on near-earth space to start with first launch from Vostochny

FARM NEWS
Beirut trash clean-up begins as critics cry foul

Mercury rising?

'Chemical Chernobyl': activists say toxic dump threatens St. Petersburg

Mexico City lifts air pollution alert









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.