China Retail News (April 26th, 2009) Writes:
Despite the economic slowdown fast food giant McDonald's has announced that based on its good performance in China, the company plans to recruit 10,000 new employees in the country, of which, 80% will be college graduates.
Kenneth Chan, the newly appointed CEO of McDonald's China, told local media that talent is very important for the company's [...]
Posted in China, Market Commentary | No Comments »
China Retail News (February 9th, 2009) Writes:
The fast food chain McDonald's has recently announced plans to launch a one-year promotion by cutting the prices of 40% of its products in China.
Jeffrey S Chwartz, CEO of McDonald's China, said this was the largest price cut since the company's entry into the Chinese market.
In the next five weeks, four of McDonald's popular combination [...]
Posted in China | No Comments »
China Retail News (January 15th, 2009) Writes:
McDonald's has signed a cooperative agreement with the government of Yunyan district in Guiyang, Guizhou, to open the first McDonald's restaurant in the province.
Wang Haiming, a senior consultant for McDonald's China's southern area, revealed at the signing ceremony that the company had selected the Fountain commercial area of Guiyang to open the new restaurant, which [...]
Posted in China | No Comments »