The McDonald’s Corporation said it will own Alonyal Limited’s restaurants and operations, and employees will be retained on equivalent terms.
“We thank Alonyal Limited for building the McDonald’s business and brand in Israel over the past 30 years. McDonald’s remains committed to the Israeli market and to ensuring a positive employee and customer experience in the market going forward,” said Jo Sempels, President of International Developmental Licensed Markets at McDonald’s Corporation.
A large percentage of McDonald’s restaurants around the world are owned by franchisees. Buying the Israeli franchises comes at a time as the corporation aims to increase its number of stores worldwide by about 8,800 to bring its total to 50,000 restaurants before 2028.
MCDONALD’S MALAYSIA SUES PRO-PALESTINIAN GROUP FOR ISRAEL BOYCOTT: REPORT
McDonald’s, one of the world’s largest fast-food chains in the world, said its operations in the Middle East have taken a hit with the ongoing war and other regional conflicts, according to McDonald’s Chief Executive Officer Chris Kempczinski.
Kempczinski said operations there are being affected due to “misinformation” about the fast-food chain’s position on the conflict. He wrote that “several markets in the Middle East and some outside the region are experiencing a meaningful business impact due to the war and associated misinformation that is affecting brands like McDonald’s.”
Indonesia protesters demand the closure of McDonald’s, KFC, Burger King, Starbucks, and Pizza HUT outlets because they are considered to support Israel in attacking militant group Hamas in Palestine on October 17, 2023 in Surabaya, Indonesia. (Photo
How to watch today's NC State vs. South Carolina women's March Madness Final Four basketball game
Raven Johnson #25 of the South Carolina Gamecocks cuts down the net after beating the Oregon State Beavers 70-58 in the Elite 8 round of the NCAA Women’s Basketball Tournament at MVP Arena on March 31, 2024 in Albany, New York. Andy Lyons/Getty Images While NC State may not have […]
