Hotline: 1800 102 2007
X
Search Business Opportunities
Apr, 01 2016

McDonald's to focus on Asia biz, to open 1500 restaurants

McDonald's is overhauling its business under CEO Steve Easterbrook after acknowledging it failed to keep up with changing tastes. The total number of diners visiting its restaurants fell last year.

McDonald's, one of the largest QSR restaurants globally is planning to open 1,500 new restaurants in China, South Korea and Hong Kong to drive a global turnaround.

The quick service chain is also planning to give local managers and more decision-making power to respond to Asian customers, reported AP.

McDonald's is overhauling its business under CEO Steve Easterbrook after acknowledging it failed to keep up with changing tastes. The total number of diners visiting its restaurants fell last year.

Easterbrook said in a statement that Asia represents an opportunity to blend our global quality standards with local insights. He said the new outlets will allow the company to accelerate our growth'' and transform its business.

Comment
image
Related opportunities
  • Quick Service Restaurants
    In 1952, Lovie Yancey created something unique. A culture. A..
    Locations looking for expansion New Delhi
    Establishment year 1952
    Franchising Launch Date 1990
    Investment size Rs. 50lac - 1 Cr.
    Space required 1200 sq ft
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi New Delhi
  • Diamond & Platinum wears
    About Us: Aayra is synonymous to imagination, inspiration and innovation. It..
    Locations looking for expansion Maharashtra
    Establishment year 2012
    Franchising Launch Date 2019
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • EuroKids pre-schools in 2001 with the idea of providing a..
    Locations looking for expansion Maharashtra
    Establishment year 1997
    Franchising Launch Date 2001
    Investment size Rs. 10lac - 20lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • Precious Jewellery
    About Us:   Unique Franchise opportunity with assured return of 10 %..
    Locations looking for expansion Uttar pradesh
    Establishment year 1999
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater NOIDA Uttar pradesh
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities