McDonald’s India acquires full ownership of Connaught Plaza Restaurants

INDIA - Fast food giant, McDonald’s India has acquired full ownership of Connaught Plaza Restaurants Limited (CPRL) franchise in the North and the East India. CPRL will now be wholly owned by MIPL and its affiliate McDonald’s Global Markets following completion of a settlement Vikram Bakshi’s 50% stake in the McDonald’s-Bakshi 50:50 joint venture in CPRL. Following…

McDonald’s Germany launches vegan burger featuring soy and wheat

GERMANY – McDonald’s Germany has launched its first vegan burger made from soy and wheat proteins, as it commits to meat-free products based on increasing consumer demand. Called The Big Vegan TS, the new burger was launched as part of the "Believe it or not" campaign which shows the company’s focus on improving its menu.…

McDonald’s to acquire Israeli personalization platform Dynamic Yield

ISRAEL – The American fast food company, McDonald’s has announced that it has reached an agreement to acquire Dynamic Yield, a Tel Aviv based provider of automated conversion optimization tools for marketers and retailers. Dynamic Yield’s decision logic technology enhances personalization across markets while delivering solutions for consistent customer experiences. The acquisition is part of…

McDonald’s India launches whole wheat buns in a nutritional foods offering

INDIA - A leading quick-service restaurant chain, McDonald’s India has introduced whole wheat buns in its restaurants to offer customers with wholesome and nutritious food offerings. According to an ET Retail report, the whole wheat buns will be available in burgers as well as other products on the breakfast menu. "McDonald's in India has been…

McDonald’s scraps all artificial flavours, colors and preservatives from burger portfolio

USA - McDonald’s US, the fast food giant, is scrapping all artificial flavors, colors, and preservatives from artificial sources from its top-selling classic burger portfolio. According to FoodingredientsFirst, the ingredient change is part of McDonald’s ongoing strategy to offer healthier versions of iconic and classic products which they’re famous for and is the latest in…

FDA, CDC investigate multi-state outbreak of cyclosporiasis illnesses linked to McDonald’s salads

USA - The FDA, CDC, along with state and local officials are investigating a multi-state outbreak of cyclosporiasis illnesses likely linked to salads from McDonald's restaurants. According to FDA, a total of 476 laboratory-confirmed cases of Cyclospora infection were reported in people who consumed salads from McDonald’s restaurants; the cases were reported by 15 states,…

McDonald’s to recycle used cooking oil to power its delivery trucks

INDIA - McDonald’s franchise holder Hardcastle Restaurants Pvt Ltd is recycling its own used cooking oil to make biodiesel that is used to power all its delivery trucks in Mumbai. The energy from used cooking oil is also used to power the refrigeration system for the trucks. According to the company, the new source of…

McDonald’s to ditch plastic straws in UK and Ireland by 2019

UK- McDonald, an American fast food company, is set to eliminate plastic straws in some of its markets in Europe including UK and Ireland by 2019 in a way to reduce plastic waste. McDonald aims to transition to paper straws in all of its locations in these markets with planned trials for selected restaurants in…

McDonald’s 15 outlets in the North and East hits record high in sales in May

INDIA - McDonald’s 15 outlets in the North and East have hit a record high in sales for May, high above previous records, according to Connaught Plaza Restaurants(CPRL) MD Vikram Bakshi. This follows a legal battle between McDonald’s and CPRL after McDonald’s India Pvt (MIPL) which runs McDonald’s outlets in north and east India terminated…

McDonald’s India posts US$45m loss with write-offs in the full year

INDIA - McDonald’s India, the fast food restaurant and company has reported a US$45.50m loss in full year results ended March 2017, following several write-offs in investments in its joint venture with Connaught Plaza Restaurants (CPRL). ET Retail reported that the burger and fries chain is still operating its outlets at a loss in India.…