Source link The fast food chain has reported decreased sales amid boycotts in Muslim countries over the Gaza conflict McDonald’s has announced that it will be buying back all of its restaurants in Israel after sales in the region plunged due to a boycott of the franchise over its perceived support for the Jewish State […]
Source link Russian fast-food chain Vkusno i Tochka, which replaced McDonald’s after the US company left the country due to sanctions, more than doubled its revenues last year, according to an earnings report cited by Interfax. The fast-food chain saw revenues jump to 155.7 billion rubles ($1.68 billion) in 2023, which was 2.1 times higher […]
Source link The US fast-food giants have faced boycotts in Muslim countries over perceived support for Israel The conflict between Israel and Palestinian militants in Gaza has hurt McDonald’s sales in the Middle East, the US fast-food chain has said. The company’s fourth-quarter revenues released on Monday were below market expectations, with the burger giant […]
Source link The fast-food giant is facing a boycott in Muslim countries over its perceived support for the Jewish state amid the mass killing of Palestinians in Gaza Russian Market is a project by a financial blogger, Swiss journalist and political commentator based in Zurich. Follow him on X @runews McDonald’s Corporation is confronting a substantial business […]
Source link The fast-food giant blamed the yet-undisclosed financial impact on “misinformation” McDonald’s franchises in the Middle East have experienced a “meaningful business impact” in 2023 from boycotts associated with the Gaza conflict, the fast-food giant’s Chief Executive Officer Chris Kempczinski has said. In a LinkedIn post on Thursday, Kempczinski lauded the company’s accomplishment over […]
Source link The campaign has been accused of harming the brand in Malaysia by means of defamatory social media posts McDonald’s Malaysia is suing the Boycott, Divestment and Sanctions (BDS) Malaysia movement for hurting its business through a series of social media postings linking the fast-food chain to Israel’s “genocidal war against Palestinians in Gaza,” […]