Live
- ICC chief Jay Shah meets Brisbane 2032 Olympics organising committee CEO
- Oxford Grammar High School Celebrates 44th Annual Sports Day with Grandeur
- Indian banking sector’s health remains robust, govt policy working very well: Top bankers
- iOS 18.2 Unveiled: New Features with ChatGPT Integration Revolutionize Your iPhone
- 'Run for Viksit Rajasthan' to be annual event, says CM Sharma
- Nitish Kumar launches '109 free medicine vehicles' in Patna
- India have to play their best cricket at the Gabba to win series: Harbhajan
- Income tax refunds jump 46.3 pc to Rs 3.04 lakh crore in April-Nov
- Financial Intelligence Unit detects undisclosed income worth Rs 11,000 crore in 2024: Centre
- Odisha BJP chief to be elected in January
McDonald's to open 1,300 outlets in China
Fast food giant McDonald\'s has planned to open approximately 1,300 fast food restaurants in China over the next five years, CEO Steve Easterbrook announced.
Fast food giant McDonald's has planned to open approximately 1,300 fast food restaurants in China over the next five years, CEO Steve Easterbrook announced.
Easterbrook said that the firm wants to make China its second largest market worldwide, behind only the US, EFE news reported.Easterbrook said that the aim is to open some 250 restaurants this year, and to do that the firm will seek an investing partner to participate in broadening its franchise business in China, where McDonald's currently operates some 2,200 stores.
The firm's expansion plans in China comes along with those of other multinationals such as coffee chain Starbucks, which plans to open some 500 coffee shops per year over the next five years in the Asian country, or sports retailer Adidas, which wants to open some 3,000 stores.
Easterbrook also announced that given the rising interest among Chinese consumers in healthier food options, the company will include more items on its menus in China such as apple slices and whole wheat cupcakes.
