Saturday, November 9, 2024

franchisees

McDonald’s mandates US franchisees to contribute to digital marketing fund

News
McDonald's will introduce a requirement for its US franchisees to contribute to a new digital marketing fund from 2025 onwards, as reported by CNBC. This move aims to bolster its digital business. Outlined in a memo by...

McDonald’s India operator Westlife Foodworld reports 96% profit slide in Q4 amidst weak demand

News
Westlife Foodworld, which operates McDonald's restaurants in west and south India, reported a 96% drop in fourth-quarter profit on Wednesday, as inflation-weary consumers reduced their spending on fast food, despite franchisees' efforts to entice them with...

Subway faces challenges in attracting major franchisees for its US sandwich shops

News
In an endeavor to transform its ownership model, Subway is actively seeking substantial franchisees in the United States. However, the global sandwich chain is...

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