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McDonald's is betting on its mobile business with new franchisee digital marketing fund - TL;DR CNBC

McDonald's is betting on its mobile business with new franchisee digital marketing fund

Publishing timestamp: 2024-05-09 10:13:48


Summary

McDonald's U.S. franchisees will start paying into a new digital marketing fund next year to modernize the company's marketing strategy and expand its digital business. The change is meant to improve the loyalty program and add ordering channels, with the goal of reaching 100 million loyalty program members by 2027.


Sentiment: NEUTRAL

Tickers: MCDCMG

Keywords: germanybreaking news: businessrestaurantschipotle mexican grill incaustraliabusinesscanadamcdonald's corpunited statesbusiness newsretail industry

Source: https://www.cnbc.com/2024/05/09/mcdonalds-makes-changes-to-increase-mobile-sales.html


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