McDonald's, the global fast-food giant, announced on Monday its plans to further expand its ownership stake in its Chinese operations. In an effort to continue growing in the world's second-largest economy, McDonald's will acquire the minority shareholder Carlyle Group, increasing its stake in its Chinese business from 20% to 48%. Carlyle Group initially acquired its stake in … [Read more...] about McDonald’s Expands Ownership Stake in Chinese Operations
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The Rise of Freebies in the Fast Food Industry
In today's fast-paced world, it seems like there's no such thing as a free lunch. However, fast-food companies are breaking this norm by offering enticing freebies to customers. But before diving into these deals, it's important to ask yourself, "What's the catch?" Wendy's, for example, has gone viral with its latest promotion. Every Wednesday until the end of the year, … [Read more...] about The Rise of Freebies in the Fast Food Industry