In-house counsel on the move: McDonald’s seeks new GC after Krulewitch diagnosed with Parkinson’s

Friday, 16 October 2020, 23:47:29
McDonald’s Corp is searching for a new general counsel after its top lawyer was diagnosed with Parkinson’s disease and opted to follow his doctors’ advice to step down, the fast food restaurant chain disclosed in a regulatory filing Thursday.
— Reuters

Just Eat soars as pandemic boosts demand for takeaways

Wednesday, 14 October 2020, 22:53:06
As investors welcomed a 46 per cent rise in orders in the third quarter of the year, helped by tie-ups with McDonald’s and Greggs, the food delivery group’s stock rose another 6.4 per cent to 9404p.
— This is Money

An Encouraging Sign For McDonald’s (With Help From Travis Scott)

Tuesday, 13 October 2020, 23:50:21
McDonald’s Corp (NYSE: MCD ) saw a spike in year-over-year weekly visits at the start of September but has slowed down, according to location intelligence platform company Placer.ai. McDonald’s saw a notable surge in traffic in early September, coinciding with the Labor Day long weekend and a strong marketing campaign with rapper Travis Scott. Specifically, weekly visits at McDonald’s locations … Full story available on Benzinga.com
— Benzinga

Insurer says McDonald’s policy doesn’t apply to workers’ COVID-19 safety lawsuit

Friday, 9 October 2020, 19:43:52
Austin Mutual Insurance Co has told a federal judge in Chicago that it does not have to cover legal costs incurred by McDonald’s Corp and two of its franchisees defending a lawsuit accusing the companies of failing to protect workers amid the COVID-19 pandemic.
— Reuters

McDonald’s, Domino’s Not Immune To COVID-19 Pandemic In Q3

Thursday, 8 October 2020, 16:16:24
Shares of McDonald’s Corp (NYSE: MCD ) and Domino’s Pizza, Inc. (NYSE: DPZ ) moved in opposite directions Thursday morning after the hamburger chain announced third-quarter comparable sales and the pizza chain reported third-quarter results. McDonald’s Sales: McDonald’s reported U.S. same-store sales in the third quarter rose 4.6%. The positive comps were attributed to average check growth from larger group orders and strong performance during dinner times. McDonald’s performance appears to have benefited from a new collaboration with rapper Travis Scott that kicked off in September. Company-wide comparable same store sales were down 2.2% in the quarter. International Operating Markets same-store sales were down 4.4% while International Developmental Licensed Markets & Corporate same-store sales were down 10.1%. In conjunction … Full story available on Benzinga.com
— Benzinga