Restaurant Finance Watch: McDonald’s tests limits with breakfast, wages

Restaurant Finance Watch: McDonald’s tests limits with breakfast, wages

NRN editor and restaurant finance expert Jonathan Maze breaks down what you should be watching in the industry this week. Connect with him on the latest finance trends and news at @jonathanmaze and [email protected] RELATED: • McDonald’s to raise hourly wages • Restaurant groups seek to change definition of ‘full time’ • More restaurant finance news

Steve Easterbrook, the recently appointed CEO at McDonald’s Corp., is not opting for the status quo as he searches for ways to lift the company out of its two-year sales slump.

Take this week, for example. On Monday, the Oak Brook, Ill.-based burger giant said it would test all-day breakfast starting this month at some restaurants in San Diego. And on Wednesday, McDonald’s said it would raise wages for workers at all company-owned restaurants.

Both announcement

Register to view the full article

Register to view this article

Already a member? .

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish