In short: McDonald’s sees its first fall in sales in nearly four years, as inflation-weary customers skip eating out. It comes as US burger company Carl’s Junior placed its Australian stores into voluntary administration this week. What’s next? McDonald’s CEO has told investors the company will rethink its pricing to get customers back. Global giant...
Tag: fast food
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How Guzman y Gomez turned burritos into a $2.2 billion business
Mexican-inspired fast-food restaurant chain Guzman y Gomez is weeks away from achieving a business milestone — becoming a publicly listed company. Since opening its first restaurant in Sydney 18 years ago, Guzman y Gomez (GYG), which boasts 210 restaurants across four countries, has become the fastest-growing fast-food chain in Australia. But it’s not just GYG’s...
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‘Lost their minds’: Major restaurant chain angers customers
A leading fast food chain in Australia has ignited an online frenzy by opting to become cashless. The well known flame-grilled chicken restaurant has announced it will now exclusively accepts card payments at its establishments, a move that has stirred mixed reactions among customers nationwide. Although Nando’s seems to have operated without cash transactions for...