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MCDONALD'S

McPlant and more: Beyond Meat inks McDonald's, Yum deals

Beyond Meat on Thursday announced distribution agreements with McDonald's as well as with Yum Brands, the parent company of KFC, Taco Bell and Pizza Hut. Beyond Meat had limited partnerships with McDonald's and Yum Brands before, testing its products in limited geographies or with only an item or two. Chicago-based McDonald's will use the Beyond Meat partnership to roll out what it is calling the “McPlant” burger, as well as eventually plant-based pork, egg and chicken products. AdYum will use Beyond Meat to expand its “Beyond Fried Chicken” products, as well as pizza toppings at Pizza Hut. Burger King has partnered with Impossible Foods to provide products that use plant-based products as well.

Black franchise owner sues McDonald's, cites persistent bias

Washington, the Black owner of 14 McDonald's franchises in Ohio has sued the corporation in federal court asserting numerous instances of unfair treatment compared with white owners. “By relegating Black owners to the oldest stores in the toughest neighborhoods, McDonald’s ensured that Black franchisees would never achieve the levels of success that White franchisees could expect,” the lawsuit said. “Black franchisees must spend more to operate their stores while White franchisees get to realize the full benefit of their labors." He blames his advocacy on behalf of Black McDonald's owners for his troubles with the company. According to the lawsuit, the number of Black McDonald's franchise owners in the U.S. has fallen from 377 in 1998 to 186 today.

The Latest: Keselowski has no regrets about Daytona 500 end

Racers crash during the last lap in the NASCAR Daytona 500 auto race at Daytona International Speedway, Monday, Feb. 15, 2021, in Daytona Beach, Fla. (AP Photo/Chris O'Meara)DAYTONA BEACH, Fla. – The Latest on the Daytona 500 (all times local):12:35 a.m.Brad Keselowski has no regrets about the way he handled the final lap of the Daytona 500. ___12:15 a.m.Michael McDowell won the Daytona 500 after Penske Racing teammates Joey Logano and Brad Keselowski wrecked on the final lap. ___3:25 p.m.Derrike Cope was knocked out after only three laps, an ignominious end for the 62-year-old driver who won the 1990 Daytona 500. ___2 p.m.Bubba Wallace’s car failed inspection twice for the Daytona 500 and will have to start at the back of the field. AdWallace drives a new entry owned by NBA great Michael Jordan and three-time Daytona 500 winner Denny Hamlin.

Here’s how you can get a 25-cent milkshake at McDonald’s today!

ROANOKE, Va. – Some days we could all use a sweet treat as a pick-me-up. Today, Jan. 28, McDonald’s is offering those who order through its app a small milkshake for $0.25 with a minimum $1 purchase. Make sure you don’t just roll up to the drive-through window because you will need to first make the order in the McDonald’s app. So, if you’re looking for the best bang for your buck, you can purchase two cookies for $1. Or, if you want some health value, why not go with apple slices for $1.19?

McDonald's US sales strong in Q4, but COVID drags elsewhere

U.S. same-store sales jumped 5.5% in the October-December period, pumped up by new menu items like spicy Chicken McNuggets and a meal deal collaboration with Colombian singer J Balvin. For the full year, McDonald's said U.S. same-store sales __ or sales at stores open at least a year __ were up less than 1%, their sixth consecutive year of growth. But worldwide, same-store sales were down 1.3% for the quarter, reflecting store closures and limited operating hours in various markets across Europe, Latin America and Asia. For the full year, global same-store sales were down 7.7%, a bigger decline than the 7% drop Wall Street had forecast, according to analysts polled by FactSet. Earlier this week, Starbucks said its global same-store sales fell 5% in the October-December period.

Beyond Meat shares plummet on weak 3Q, McDonald's questions

Beyond Meat's stock plummeted Monday after company executives struggled to explain the company's weaker-than-expected third quarter sales and answer questions about whether it will make plant-based burgers for McDonald's. On top of that, McDonald's raised questions earlier in the day about its relationship with Beyond Meat. McDonald's tested a Beyond Meat burger in Canada earlier this year, and Beyond Meat President and CEO Ethan Brown insisted that his company continues to work with McDonald's on the McPlant. Brown said U.S. retail sales of Beyond Meat slowed in the July-September period despite increased availability in stores. At the same time, Beyond Meat said sales to restaurants and other venues continue to struggle.

McDonald's cult classic, the McRib, is coming back

This photo provided by McDonald's shows the McRib sandwich. McDonalds announced that it was bringing its barbeque slathered sandwich with the cult following back for yet another run on Dec. 2. (McDonald's via AP)NEW YORK – McRib, the fast food sandwich that went viral before viral was a thing, is back. McDonald's announced Friday that for the first time in eight years it will be offering nationwide its barbeque slathered sandwich with the cult following. McDonald's is reintroducing the McRib nationally as it tries to regain its footing during the pandemic, which left many of its dining rooms sparsely populated or empty, though drive-thrus continued to operate.