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· McDonald's Shares Are Surging After Its Russia Announcement
· More than 100 McDonald’s restaurants to host ‘Drive Up Hiring Day’
McDonald's Shares Are Surging After Its Russia Announcement
Rhian Hunt, The Motley Fool
via Nasdaq - Sep 14, 2020
Investors appear to be interested in shares of McDonald's (NYSE: MCD) this morning after the major fast-food chain announced plans to strongly increase its restaurant footprint in Russia. According to Reuters, the company says it has a "plan to open the 800th branch" in Russia by the end of 2020, an increase of approximately 50 new outlets bearing the golden arches.
The expansion will occur in the far east of Russia, a region where McDonald's previously hadn't developed its restaurant network. Some of the cities earmarked for their first taste of Big Macs and fries include Vladivostok, an important port city on the Pacific Ocean with around 600,000 inhabitants, and Khabarovsk, a similarly sized metropolis 500 miles north.
"Development of a network of branches in Russia is one of the company's top priorities," McDonald's said in a statement. This year also marks the 30th anniversary of the restaurant's first Moscow outlet launch, an event that took place shortly before the fall of the Soviet Union. The coronavirus outbreak derailed plans to celebrate the anniversary with massively discounted Big Macs, however, according to U.S. News & World Report.
Despite a share value plunge alongside the rest of the market...
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More than 100 McDonald’s restaurants to host ‘Drive Up Hiring Day’
Operators in Southern California, including more than 40 McDonald’s restaurants in Los Angeles, are hosting a coordinated hiring event slated for Sept. 16
Nancy Luna, Nation's Restaurant News
Sep 14, 2020
Drive-thru lanes have been lifelines for brands like McDonald’s during the pandemic.
Now, the Chicago-based chain is turning to make-shift drive-thru lanes to help them with another challenge: hiring workers.
More than 100 McDonald’s restaurants in Southern California are conducting the brand’s “first ever” regional Drive Up Hiring Day. Dozens of restaurants stretching from Santa Barbara to San Diego are hosting the event from Sept. 16 from 10 a.m. to 7 p.m. More than 40 restuarants in Los Angeles are participating.
“Interested candidates can simply drive up to select Southern California McDonald’s locations and receive an interview opportunity on the spot. No prior scheduling required,” Southern California operators said.
McDonald's, which continues to offer off-premise ordering at a majority of its U.S. restaurants, said the drive-up interviews will be conducted using proper distancing.
“Applicants can stay in their vehicles or sit in the designated interview areas,” the regional operators said in a statement, adding that they hope to hire thousands of workers.
To kickstart the hiring process, McDonald’s said job seekers can start an application via text or by using Alexa and Google Assistant. Last year, the chain launched McDonald’s Apply Thru, a voice-initiated application process using Google Assistant or Alexa devices.
“Potential applicants will receive a text message shortly thereafter with a link to continue their application process,” the brand said...