Tomato price soar: No tomato in McDonald's offerings as prices surge across India | Oneindia News
Video Credit: Oneindia - Duration: 03:11s - Published
Tomato price soar: No tomato in McDonald's offerings as prices surge across India | Oneindia News
The Wholesale prices of tomatoes have surged 288% in a month to a high of 140 rupees a kg on Friday, with retail prices still higher, spurring many people to cut back on consumption.
Know what Mc Donalds has said on removing tomatoes in their meals.
McDonald's is admitting that not every kid who has a Happy Meal is beaming with joy ... emphasizing this point with a major redesign to their iconic Happy Meals,.. TMZ.com
McDonald's Posts , Disappointing Q1 Results , Amid Ongoing Boycotts.
'The Independent' reports that McDonald's posted weaker-
than-expected results in the first quarter of 2024, as a result
of a boycott over the company's perceived support for Israel. .
'The Independent' reports that McDonald's posted weaker-
than-expected results in the first quarter of 2024, as a result
of a boycott over the company's perceived support for Israel. .
According to McDonald's, higher sales in the
United States helped the fast-food giant overcome
weakness in markets where the brand is being boycotted.
According to McDonald's, higher sales in the
United States helped the fast-food giant overcome
weakness in markets where the brand is being boycotted.
The company saw same-store sales rise by
1.9% worldwide between January and March,
below the Wall Street forecast of 2.1%.
Increased menu pricing and delivery demand
saw same-store sales in the U.S. increase by 2.5%.
In international markets, sales fell
by 0.2% for the first time since 2020.
Despite this, McDonald's said the company's revenue
increased 5% to reach $6.17 billion, while net income went
up 7% to $1.93 billion, in-line with Wall Street estimates.
'The Independent' reports that Muslim-majority
markets like Indonesia, Malaysia and the Middle East
have been boycotting McDonald's for months.
The boycotts started after a McDonald's franchise in
Israel announced in October that it would provide free
meals for Israeli troops amid the ongoing war in Gaza.
In the months since then, the company has tried to limit
the fallout by taking over all 225 McDonald's in the country
with the purchase of Alyonal Limited, its Israeli franchise.
Our hearts remain with
the communities and families
impacted by the war in the Middle East.
We abhor violence of any kind and
firmly stand against hate speech,
and we will always proudly
open our doors to everyone, McDonald's statement, via 'The Indepndent'.
Our hearts remain with
the communities and families
impacted by the war in the Middle East.
We abhor violence of any kind and
firmly stand against hate speech,
and we will always proudly
open our doors to everyone, McDonald's statement, via 'The Indepndent'
Credit: Wibbitz Top Stories Duration: 01:30Published
Fast Food Chains Warn Consumers , That Worker Pay Increases
Will Impact Prices.
'Newsweek' reports that franchises have
warned an increase of the minimum wage
for fast food workers in California could also
force menu prices to climb.
As of April 1, fast food restaurants in California
will have to pay employees at least $20 an hour, an
increase of four dollars from the current $16 an hour. .
Business owners have warned that the new law,
signed in by Democratic governor Gavin Newsom,
will have an impact on margins and consumer costs. .
At the end of October, McDonald's CEO Chris Kempczinski
said that the impact of the minimum wage rise would
be partially "worked through with higher pricing.".
At the end of October, McDonald's CEO Chris Kempczinski
said that the impact of the minimum wage rise would
be partially "worked through with higher pricing.".
According to McDonald's numbers, the price of
the signature Big Mac burger is currently $5.89
in California, the 10th highest in the United States.
The latest data compiled by 'The Economist' shows that
the average price of a Big Mac nationwide is currently
$5.69, which is up from $5.36 at the same time in 2023. .
Last year, McDonald's , reported net profits of , almost $8.5 billion.
According to the company's latest financial reports,
sales increased 8.7% in the U.S. in 2023, which the
company attributed to "strategic menu price increases.".
According to the company's latest financial reports,
sales increased 8.7% in the U.S. in 2023, which the
company attributed to "strategic menu price increases.".
Meanwhile, Jack Hartnung, the CFO of fast food
chain Chipotle, told investors that the wage
increase would impact consumer prices with a
"mid-to-high single digit" percentage increase.
Meanwhile, Jack Hartnung, the CFO of fast food
chain Chipotle, told investors that the wage
increase would impact consumer prices with a
"mid-to-high single digit" percentage increase.
In December, Pizza Hut cited the wage
increase as the reason behind laying off
the company's in-house delivery drivers. .
In December, Pizza Hut cited the wage
increase as the reason behind laying off
the company's in-house delivery drivers.
Credit: Wibbitz Top Stories Duration: 01:31Published
Krispy Kreme to Be Sold , at McDonald’s Nationwide.
Krispy Kreme to Be Sold , at McDonald’s Nationwide.
Both food chains made the announcement
on March 26, CNBC reports. .
The rollout will start later this year but will take until the end of 2026 to reach McDonald's nationwide. .
That's because Krispy Kreme will have
to "more than double its distribution"
to meet demand, CNBC reports. .
We think we can service about
6,000 restaurants with our existing
infrastructure, mostly doughnut
shops, which have excess capacity, Krispy Kreme CEO Josh Charlesworth, to CNBC.
Shares of Krispy Kreme jumped 22%
following the announcement.
Krispy Kreme is also expanding distribution
to grocery and convenience stores.
That means that the overall efficiency
and productivity of our distribution network will significantly improve over time, not just
because of all those local deliveries. , Krispy Kreme CEO Josh Charlesworth, to CNBC.
Currently, Krispy Kreme typically makes more doughnuts than it can sell, so churning out even more product will take few additional costs. .
Currently, Krispy Kreme typically makes more doughnuts than it can sell, so churning out even more product will take few additional costs. .
Overall, therefore, it makes our system
more profitable to grow the deliver
fresh daily channel, and McDonald’s
is an accelerator of that, Krispy Kreme CEO Josh Charlesworth, to CNBC.
Overall, therefore, it makes our system
more profitable to grow the deliver
fresh daily channel, and McDonald’s
is an accelerator of that, Krispy Kreme CEO Josh Charlesworth, to CNBC
Credit: Wibbitz Top Stories Duration: 01:31Published
Indian Prime Minister Narendra Modi's revelation about India's diplomatic intervention in the Gaza conflict has sparked intrigue. In an exclusive interview with Aaj Tak, PM Modi disclosed sending a special envoy to Israel during Ramadan, urging them to cease airstrikes in Gaza. Despite facing criticism and navigating domestic political campaigns, PM Modi's diplomatic stance adds complexity to India's foreign policy. Explore the implications of PM Modi's actions and their impact on global relations in this insightful discussion.
#PMModi #Gaza #GazaWar #IsraelIndiaRelations #IsraelPalestine #BenjaminNetanyahu #NarendraModi #Ramazan #IndiaIsrael #Oneindia
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In a dramatic overnight operation, Russia claims to have intercepted more than 100 Ukrainian drones across the southern part of the country, over annexed Crimea, and across the Black Sea. This marks one of the largest overnight drone attacks by Ukraine to date. As Russian forces advance along the front lines, achieving significant territorial gains, Ukraine's drone strategy faces intense defensive measures. Join us as we delve into the details of this major development in the ongoing Russia-Ukraine conflict.
#RussiaUkraineWar #RussiaUkraine #RussiaAttacksUkraine #UkrainettacksRussia #RussianDrones #UkrainianDrones #VladimirPutin #VolodymyrZelenskyy #RussianWeapons #UkrainianWeapons #Oneindia
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In a surprising turn of events, US soldier Gordon Black, detained in Vladivostok, Russia, pleads guilty to theft charges. Get the latest updates on this developing story from Russia's RIA state news agencies. Stay tuned for more details.
#USSoldierinRussia #USSoldier #Russia #WestRussiaTensions #RussiaUSRelations #RussiaUSTensions #VladimirPutin #JoeBiden #Oneindia
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May 20th is the scheduled date of the Fifth Phase of the Lok Sabha Elections. And one of the seats in this crucial contest where voting will take place is the Raebareli Constituency. The Congress, on May 3, announced Rahul as a candidate from Raebareli and loyalist KL Sharma from Amethi, keeping Priyanka as well as Vadra out of the electoral contest. Rahul Gandhi is a sitting MP in Kerala's Wayanad, where he is seeking a fresh term alongside Rae Bareli. Rahul represented Amethi from 2004 until 2019. Priyanka Gandhi held a mega roadshow in Rae Bareli ahead of the fifth phase of voting. Oneindia News brings to you an exclusive update on the political pulse of Rae Bareli.
#LSPolls2024 #RaebareliBattle #RahulGandhi #PriyankaGandhiRaebareli #PriyankaGandhiRaebareliRoadshow #LocalsSpeakOut #RahulGandhi #PriyankaGandhi #PMModi #Congress #BJP #INDIAlliance #ElectoralBattle #IndianPolitics #RaebareliElections
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In the United States, the presidential election campaign is in full swing. Young voters are often considered difficult to reach. And with both Democrats and Republicans fielding candidates born in the 1940s, the parties are worried about how to get the youth vote out.
#USPolitics #ElectionCampaign #YouthVote #VoterEngagement #PoliticalParties #GenerationZ #MillennialVoters #GetOutTheVote #YouthEngagement #USPresidentialElection #OIDW #DWVideos
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