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
Related opportunities
  • Mobile & Communication/Internet Connections
    About Us: Rocking Deals is the ultimate destination for deal-savvy buyers..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Quick Service Restaurants
    Kathi Junction – brings the golden opportunity to start your..
    Locations looking for expansion New Delhi
    Establishment year 2009
    Franchising Launch Date 2009
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater NEW DELHI New Delhi
  • Kids & Infant Products
    Want to be financially Independent? Want to work with convenience..
    Locations looking for expansion Gujarat
    Establishment year 2006
    Franchising Launch Date 2014
    Investment size Rs. 50 K - 2lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Ahmedabad Gujarat
  • Competitive Exam Coaching Institute
    About Us   Founded in 1996 by a team of leading educationists,Dr.Bhatia..
    Locations looking for expansion Delhi
    Establishment year 1996
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
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

Free Advice - Ask Our Experts