Mcdonald's, Fast Food Restaurant | featured news

McDonald's is cutting the Angus burger from its menu. The Oak Brook, Ill.-based company had said earlier this year that it was evaluating whether to continue selling the Angus Third Pounders, which were introduced in 2009 and are among the chain's priciest items. The company also said at the time that it was it was cutting Chicken Selects and Fruit & Walnut Salad.

McDonald's Corp. is having trouble stomaching the competition. The world's biggest hamburger chain said Thursday that a key sales figure fell for the first time in nearly a decade in October, as it faced the double whammy of a challenging economy abroad and intensifying competition at home. The company, based in Oak Brook, Ill., says global revenue at restaurants open at least 13 months fell 1.8 percent for the month. The last time it dropped was in March 2003.

McDonald's said it will be begin listing calorie information on its menus in the U.S., as the fast-food chain pushes its nutrition-conscious efforts.

Early one Friday evening at a McDonald’s restaurant in Johannesburg, a large group of young executives enjoyed their post-work, pre-night-out dinner.

With new food, revamped decor and an embrace of Twitter and mommy blogs, McDonald’s has returned from the brink of a public-relations nightmare.

Burger King is trying to revive its ailing empire with a rival's recipe for success. After years of lackluster sales of its Whoppers and fries, the struggling fast-food giant on Monday launched 10 food items in its biggest menu expansion since the chain was started in 1954.

McDonald's plans to promote more nutritional options, such as automatically including fruit or a low-fat dairy option in every Happy Meal.

McDonald's reported a 15% rise in quarterly profit on sharply higher revenue, though it expects sales growth to ease this month.

Strong sales of McDonald's McCafe drinks and breakfast items in April drove a key revenue measurement up 6 percent worldwide.

As food costs are expected to rise about four percent in the United States and Europe from last year, McDonald's plans to raise its prices slightly and gradually. In March, the company raised all menu items by one percent, reports Nation's Restaurant News, and plans to "keep taking small, additional menu price increases."Read More...